American Elections: Could Cryptocurrencies Really Sway The Vote?

At the dawn of the upcoming American presidential elections, the stakes are immense. The choice of voters could redefine the future of crypto forever, as political positions on the subject are divisive. In a race where every vote counts, a recent survey reveals that a block of “crypto-voters” could significantly influence the outcome of the election. At the heart of the matter: the impact of these voters and their potential to sway key states.

The electoral map redesigned by crypto-voters

How could pro-crypto voters sway the US presidential election? The latest polls from Paradigm highlight a determining group: 5% of American voters identify as “single-issue crypto voters”. These voters, focused solely on advocating for crypto in the political arena, could have a say in a tightly contested election.

Indeed, the margin in swing states, such as Pennsylvania, Michigan, and Wisconsin, often comes down to one or two percentage points – a figure that these “crypto-voters” could easily fill.

• 11% of crypto-voters are between 18 and 34 years old;
• 8% of men would vote pro-crypto;
• 7% of African American voters would be influenced by the cryptocurrency issue;
• 8% of Hispanic voters share this same priority.

Therefore, the candidates in the running cannot ignore this emerging group, even though, according to the study, 42% of crypto voters have no trust in either Republicans or Democrats to defend their interests. However, thanks to more crypto-friendly policies among Republicans, this block slightly leans to the right.

Expected victory in 2024?

With Donald Trump leading in political betting odds and a slight shift towards the Republican Party, the crypto community seems to see in him a chance for greater freedom for their investments. A notable breakthrough, particularly seen on Polymarket, a prediction platform where Trump leads Harris by 30 points.

However, this favorable outcome for the former president is not without its dark clouds: suspicion of manipulation hangs over a major market player, a French financier, who heavily bet on Trump’s victory, highlighting the weight of certain individual interests in the debate.

Law professor Dr. Tonya M. Evans confirms: these “single-issue voters” dedicated to crypto could indeed weigh decisively in this suspenseful election. In the background, one question persists: will the victory of the pro-crypto camp turn the United States into a cryptocurrency paradise?

Moreover, experts predict that the election outcome could amplify Bitcoin’s volatility (BTC), offering an unprecedented spectacle in the coming months.