US Presidential Elections Are Approaching: What Do Voters Say About Bitcoin?

A survey conducted by Grayscale together with Harris Poll revealed that American voters' interest in cryptocurrencies has increased before the 2024 US Elections.

The survey, conducted between April 30 and May 2, 2024, showed that voters' interest in owning cryptocurrencies and their perception of crypto has changed significantly.

Interest in cryptocurrencies is increasing

According to the survey, almost half of voters (47 percent) expect to have cryptocurrency in some part of their investment portfolio. This rate was at 40 percent late last year.

Additionally, 32 percent of voters stated that they are more open to or considering investing in crypto since the beginning of the year.

The most important problem is inflation

As in the first phase of the survey, respondents pointed to inflation (28 percent) as the most important issue in this year's election. This brings the potential value of transparent and fixed-supply assets like Bitcoin back into focus.

Party policies

Poll results show crypto is a bipartisan issue. While the crypto ownership rate among Republicans is 18 percent, this rate is 19 percent among Democrats. Voters from both parties think that their party is the most positive towards crypto policies (30 percent).

While Republican voters think that the most important problem facing America is inflation and the economy (54 percent), Democrats care more about issues such as gun violence, climate change and income inequality. This may be one of the reasons why Trump has highlighted crypto more in his election campaign.

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