Besides Trump, which other American politicians will attend this year's Bitcoin conference?

24-07-26 12:27

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Original title: "Besides Trump, which politicians will attend this year's Bitcoin Conference?"

Original author: Shelly, Nianqing, ChainCatcher

Bitcoin Magazine CEO David Bailey confirmed yesterday that US Vice President Harris will not speak at the Bitcoin 2024 Conference. Despite Harris' absence, this year's Bitcoin Conference is not lacking in American politicians. The conference invited 10 American political guests, including Trump, of whom 8 are Republicans, only one is a Democrat, and there is an independent (former Democrat).

Of course it is not surprising. On the one hand, Tennessee, where the conference is held, Nashville, is located, which is itself a traditional "red state" and the Republican base. Both senators from Tennessee will attend the conference. On the other hand, compared with the conservative Democrats, most Republicans are optimistic about cryptocurrencies. A recent Paradigm poll showed that 28% of Republicans hold or have purchased cryptocurrencies, which is higher than the national average, and 60% of Republicans prefer Congress to clarify crypto regulations. A more intuitive data is that in May this year, the Republican Party led and promoted the passage of the FIT21 Act. The figure below more intuitively reflects the voting results of the two parties and their attitudes towards digital asset regulation. Recently, the Republican National Convention also approved Trump’s new policy platform for the Republican Party, one of which is to support innovative crypto policies.

Voting of the two parties on the FIT21 bill, source: Bitwise

Let’s go back and talk about the politicians participating in the Bitcoin conference and their promotion of encryption——

· Donald Trump:Candidate for the 2024 US presidential election, former 45th US President, Republican, calls himself the “Crypto President”. His involvement in the encryption field can be read in our previously published "Selling Trump: The former president’s encrypted political and business circle of friends and "business experience"

· Vivek Ganapathy participated in the Republican nomination campaign for the 2024 US presidential election. He is a Republican and announced that he would accept Bitcoin as a campaign donation during the campaign. On January 15, 2024, he announced his withdrawal from the presidential primary.

· Bill Hagerty is a senator from Tennessee and a Republican. He has criticized the Democratic Party for being too centralized and restrictive in its approach to the crypto industry.

· Marsha Blackburn is a senator from Tennessee and a Republican. She announced that she would accept cryptocurrency donations during this year's re-election campaign and appreciated the freedom and privacy of Bitcoin.

· Cynthia Lummis is a Wyoming senator and federal congressman, a Republican, a Bitcoin advocate, and has been promoting Bitcoin-related legislation. She has said that Bitcoin and cryptocurrency will become an important part of the future economy. She also plans to announce Bitcoin strategic reserve legislation at the Bitcoin Conference.

· Tim Scott is a South Carolina senator, a Republican, and a member of the U.S. Senate Financial Innovation Caucus. He has repeatedly called for a balanced approach to digital assets and promoted the development of a cryptocurrency regulatory framework.

· Bernardo Moreno is a Republican Senate candidate in the United States, a Republican, a blockchain entrepreneur and cryptocurrency enthusiast.

· Sam Brown is a Republican candidate for the U.S. Senate, a Republican, an early adopter of cryptocurrency, and invested in Bitcoin in 2017.

· Robert F. Kennedy Jr. is an independent candidate for the U.S. presidency, a Democrat in 2023 and before, and currently belongs to other independent parties. He has purchased 14 bitcoins and has made many statements in support of blockchain, Bitcoin, and cryptocurrency, such as hoping to put the entire U.S. budget on the blockchain and releasing the founder of the Silk Road platform if elected president.

· Ro Khanna is the only Democrat attending the conference and has served as a member of the U.S. House of Representatives since 2017. The congressman is a progressive Democrat who represents a constituency that includes Silicon Valley, which is friendly to cryptocurrency. This month's highly anticipated cryptocurrency policy roundtable was hosted by Ro Khanna, who has been contacting senior figures in the digital asset industry, Democratic lawmakers and White House officials to participate in the roundtable.

P.S. Although crypto voters have become a "must-fight area" for the two parties, which is beneficial to the development of the entire industry, in the long run, the two parties need to cooperate more in promoting the development and regulation of the crypto industry, which is healthier for the entire ecosystem.