The official Democratic Party platform for 2024 was released On the opening day of Democratic National Convention, Bitcoin or cryptocurrency was not mentioned. The decision is in line with Biden and Harris’s anti-industry stance over the last four years.
In spite of the increasing importance of digital assets and Bitcoin, Tim Walz and Kamala Harri, the candidates for vice-president and president respectively in this year’s election, have not prioritized Bitcoin or crypto as part of their party agenda.
JUST IN: 🇺🇸 The Democratic Party releases it's official platform, with no mention of #Bitcoin Or crypto. pic.twitter.com/OsMEbgwX4J
— Bitcoin Magazine (@BitcoinMagazine) August 19, 2024
The Republican Party, on the other hand, has made Bitcoin a part of its platform. The Republican Party has pledged to stop what they call the Democrats. “unlawful and unAmerican crypto crackdown” The GOP also opposes the introduction of Central Bank Digital Currency. The GOP also pledges to defend the right to bitcoin mine, to ensure Americans are able to self-custodian their digital assets and to maintain financial privacy against government surveillance.
Donald Trump, the Republican candidate for president, brought out even more differences between them. spoke He emphasized that he supports the Bitcoin 2024 Conference. Meanwhile, Kamala Harris, the Democratic presidential candidate, declined to speak or participate at the event.
Independent presidential candidate Robert F. Kennedy Jr. did also speak At the Bitcoin 2024 Conference he expressed his support for Bitcoin and highlighted the increasing political division on this topic.
In the years leading up to the 2020 election, an estimated 50,000,000 Bitcoin holders and crypto-currency owners across the nation may be influenced by the lack of Bitcoin and cryptocurrency in the Democratic Party platform. They are searching for the candidate who will best champion their cause.
Update: Eleanor Terrett of Fox Business reports that this party platform was approved prior to Joe Biden dropping from the race, and DNC delegates will vote on the platform tonight “but it’s expected to pass as written.”
🚨It appears that the platform of the Party was written and approved before. @POTUS You will see that he is still mentioned a lot, and there are even references to him serving a second term.
Convention delegates will vote on the platform tonight but it’s expected… https://t.co/92gb3BCLfv
— Eleanor Terrett (@EleanorTerrett) August 19, 2024
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Source: bitcoinmagazine.com
