Kamala Harris': Is She Waging a Secret War on Crypto?

As the Bitcoin conference kicks off tomorrow, speculation about Kamala Harris' stance on cryptocurrency has caused a stir. The vice president, who reportedly declined an invitation to speak at the event, is said to have made some incendiary remarks about Bitcoin. According to David Bailey, CEO of Bitcoin Magazine, these comments were relayed to him by a prominent Democratic donor.

Bailey took to X (formerly Twitter) to share this: “You can’t pretend to care about Bitcoin while undermining our industry for years with tactics like the 'Choke Point' operation and appointing anti-crypto figures like Gensler and Warren. A major Democratic donor told me that Kamala personally labeled Bitcoin as 'the money of criminals.'”

This alleged statement has ignited outrage among Bitcoin advocates. David Gokhshtein, a notable figure in the crypto sphere, reacted strongly, accusing Harris of a sustained attack on the sector. "They've been targeting us for over three years," Gokhshtein said. "Their interest is purely political—they want our votes, not our industry."

Conversely, billionaire investor Mark Cuban offers a different perspective. Cuban revealed that Harris' team had reached out to him for insights on cryptocurrencies and expressed openness to both AI and crypto. “It seems there’s more to Harris’ position than meets the eye,” Cuban suggested.

The controversy escalated when Bailey confirmed that Harris would not be attending the Bitcoin conference, as previously announced. “It wasn’t unexpected,” Bailey remarked. “Given her administration's track record of cracking down on crypto and pushing developers overseas, what could she possibly say?”

As the conference unfolds, the Bitcoin community remains divided, with Harris' alleged comments fueling both criticism and cautious optimism.#kamalaHarris #Bitcoin_Coneference_2024 #WarOnCrypto