Kamala Harris’s Views on Bitcoin After Biden Steps Out of Election Race: Huge conflict

With the American President Joe Biden deciding not to run for re-election, Vice President Kamala Harris is now a top contender for the presidential race. Recently, she spoke about Bitcoin and cryptocurrencies, making her stance clear.

Harris said, “Bitcoin and other cryptocurrencies are becoming more important in our global economy. We need to be part of this change, but we must do it in a safe way.”

She highlighted the need for crypto dedicated rules to protect people and prevent illegal activities. “We can’t ignore the potential of Bitcoin, but we also need to make sure it’s used responsibly. We need rules to keep people safe and our financial system stable.”

Harris’s views show a balance. She supports the innovation of digital currencies but wants to ensure they are used properly. Her stance might attract both cryptocurrency supporters and those worried about risks.

As Harris moves forward with her campaign, her ideas on Bitcoin and cryptocurrencies will be important. Voters and industry experts will be watching closely to see how she plans to handle this issue.

Bitcoin 2024 conference 

Recently, many people speculated that Harris would appear at the Bitcoin 2024 conference.

In the past, David Bailey, CEO of Bitcoin Magazine, predicted that the Democratic presidential nominee would speak at the event, like their Republican counterpart, Donald Trump.

In the latest development, Bailey criticised Harris and indirectly showed support for Donald Trump. He said, “No surprise. What can she say to us when she’s actively imprisoning developers, forcing our industry overseas, attacking Proof-of-work (PoW)? It would have been a disaster for her.

Some people said that the politicians are trying to divide the crypto community with their fake pro-crypto stance, while they have zero knowledge about Bitcoin and blockchain technology.

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