‘Crypto for Harris’ event disappoints: ‘Clown show,’ says Tyler Winklevoss

• The ‘Crypto for Harris’ town hall event failed to sway a skeptical audience.
• However, Kamala Harris led Polymarket polls despite lackluster event.

As the U.S. presidential election heats up, with cryptocurrency becoming a central issue, Vice President Kamala Harris has started making her presence felt in the crypto space.

Amidst the rising influence of former President Donald Trump, fueled by his pro-crypto stance, Harris is taking steps to engage with the digital asset community.

Crypto for Harris event

This effort was marked by the recent launch of “Crypto for Harris,” a campaign initiative aimed at rallying support from the crypto industry.

However, the event, held on the 14th of August, which intended to sway a skeptical audience, fell short of its ambitious goal, leaving questions about the campaign’s impact on the crypto electorate.

Source: Austim Capital/X

The crypto community remains dissatisfied

The event, featuring prominent Democratic figures, failed to make a strong impact on crypto enthusiasts simply because Harris has yet to state her position on cryptocurrency clearly.

The feedback from those who tuned in indicated skepticism about whether Harris will actively engage with the crypto sector, leaving doubts about her willingness to support the “crypto reset” that Democratic leaders are advocating for.

Remarking on the same, Custodia Bank CEO Caitlin Long said, as reported by Fox Business,

“I was hoping to hear about Harris’s crypto policy and for the Democrats to address how they’re going to fix the issue of crypto firms being de-banked.”

Adding to the fray was Gemini founder Tyler Winklevoss, who noted, 

“Pre-recorded videos. Reading from scripts. Harris a no-show at her own event. What a clown show.” 

Whom to choose?

That being said, the crypto community now finds itself at a crossroads, uncertain whether to back Harris or lean toward Trump. Despite the confusion, not everyone shares the same concerns.

Democratic Senator Chuck Schumer has suggested that a Harris administration might not be entirely opposed to cryptocurrency.

He also pledged to advocate for pro-crypto legislation in the U.S., to enact it by the end of the year, should Harris win the presidency.

“We are here today because we all support Vice President Kamala Harris to be our next president and we all believe in the future of crypto.” 

Harris stands strong in the Polymarket chart

Despite the event stirring discussions within the crypto community, it did not significantly alter the polling dynamics on Polymarket for the 2024 Presidential Election.

Vice President Harris maintained her lead with 54% of the votes, while former President Trump, who previously enjoyed stronger support, saw his numbers drop to 44%.

This suggested that while the event did not garner much support, it did not shift the broader electoral sentiment.

Source: Polymarket