Key Takeaways
- Advisors to Kamala Harris consulted Mark Cuban about Bitcoin policy.
- Cuban believes Harris might be more open to business and emerging technologies.
- The Chamber of Digital Commerce urges Harris to support Bitcoin in her campaign.
Less than two days into her presidential campaign, advisors to Kamala Harris have reached out to billionaire Bitcoin enthusiast Mark Cuban regarding Bitcoin policy. Cuban disclosed to Decrypt:
I’m getting multiple questions from her camp about crypto. So I take that as a good sign.
Cuban, however, noted that he is not aware of other industry leaders being contacted yet. In a conversation with Politico, he mentioned that business leaders view Harris as potentially more supportive of emerging technologies, including Bitcoin and artificial intelligence, compared to her predecessor.
Cuban said:
The feedback I’m getting, but certainly not confirmed by the VP, is that she will be far more open to business, [artificial intelligence], crypto and government as a service.
Harris campaign
Harris’ campaign kicked off following President Joe Biden’s announcement that he will not seek re-election.
Her immediate engagement with Bitcoin policy advisors reflects the growing influence of the sector. Former President Donald Trump has recently gained significant support from tech leaders and Bitcoin executives, with the pro-Bitcoin super PAC Fairshake raising $203 million since last fall.
Despite Harris’ lack of public stance on Bitcoin, her connections to Silicon Valley suggest potential support. Industry advocates are cautiously optimistic about a Harris presidency fostering bipartisan consensus on Bitcoin regulation.
The Chamber of Digital Commerce, a Bitcoin lobbying group, sent a letter to Harris urging her to embrace the sector and choose a running mate with pro-Bitcoin credentials, viewing her candidacy as an opportunity to shift the Democratic Party’s perceived negative stance on Bitcoin and Bitcoin mining.
