Bitrabo Editorial
A virtual town hall titled “Crypto For Harris” aimed to improve the relationship between Vice President Kamala Harris and the crypto industry. However, despite the presence of prominent Democratic figures and tech influencers, the event failed to garner strong support from the industry
Industry Skepticism
Feedback from the event revealed dissatisfaction among the participants, particularly due to the lack of direct communication from Harris regarding her stance on crypto policies. Senate Majority Leader Schumer emphasized the need for balanced legislation to promote innovation while setting necessary boundaries, but his remarks fell short of addressing industry concerns
Industry insiders expressed disappointment over unmet expectations and the event’s format, which they felt did not allow for meaningful exchanges of views. Comparisons were drawn to the efforts of Republican figures like Donald Trump, who have shown more openness to lighter regulatory frameworks for the industry
Criticism was also directed at the absence of Harris from the event, with prominent figures like Tyler Winklevoss expressing discontent. The sentiment among some industry leaders suggested a potential shift in support towards Republican candidates due to perceived shortcomings in Harris’s engagement with the crypto sector
Overall, the event was seen as lacking in effectiveness and failed to address crucial industry concerns. At the time of reporting, Bitcoin was trading at $58,460