A new poll suggests that Donald Trump’s pro-crypto stance could be a major factor in his potential 2024 presidential bid.
Republicans Are Embracing Crypto
The poll, conducted by investment firm Paradigm, shows that Republican voters are increasingly interested in financial freedom and supporting candidates who embrace cryptocurrency.
The poll found that a whopping 87% of Republicans who own crypto plan to buy even more in the next year. Even more interesting, 13% of Republicans who don’t own crypto said they’re likely to jump on board in the next year.
Distrust in the Government
The poll also highlights a growing distrust in the Biden administration’s handling of financial regulations. Many Republicans believe the government is using banking regulations as a weapon, leading to a lack of trust in institutions.
The data shows that a significant majority of Republicans (67%) are unhappy with the current financial system and are concerned (72%) about losing access to financial services because of their beliefs.
Call for Clear Crypto Regulations
Republicans are also calling for clearer regulations around cryptocurrency. The poll found that 60% of Republicans want Congress to pass legislation that creates clear and predictable rules for crypto companies. They believe elected representatives in Congress (40%) should take the lead in crafting these regulations, rather than unelected appointees at government agencies (16%).
This poll suggests that Trump’s pro-crypto stance could resonate with Republican voters, potentially giving him an edge in the 2024 election. However, it’s important to remember that this is just one poll, and the political landscape can change quickly.
