Unlocking the Power of Crypto Voters in the 2024 Election
This election season, the crypto voting bloc has emerged as a significant force, influencing the policy debate and compelling candidates to prioritize discussions about the future of cryptocurrency. Crypto owners are a diverse and forward-thinking group, with 68% of them being Millennials and Gen Z, and 48% representing racial diversity. In key swing states such as Arizona, Michigan, Nevada, Ohio, Pennsylvania, and Wisconsin, over 4 million voters own cryptocurrency, making them a decisive factor in the election's outcome. A recent poll reveals that one in seven likely voters identify as part of the crypto voting bloc, a bipartisan group that views crypto policy as a key issue. For instance, 40% of Black voters consider crypto to be 'very' or 'extremely' important in deciding who to support in 2024, highlighting the broad appeal of crypto policy beyond traditional political divides. There is bipartisan consensus that the government should prioritize designing policies that foster growth while protecting consumer freedoms. A majority of both Republicans and Democrats believe that supporting the crypto industry should be at least a medium-level priority for the next president and Congress. Candidates who recognize the importance of crypto voters have a significant opportunity to engage a growing and motivated constituency by advocating for policies that support innovation while ensuring consumer protection. By embracing this balanced approach, candidates can tap into a broad, bipartisan base of voters eager for leadership that fosters economic freedom and technological advancement. The Stand With Crypto advocacy group has held a successful tour through five swing states, engaging with crypto advocates, voters, policymakers, and local crypto founders. The response has been clear: the electorate is ready for more decisive leadership on crypto policy. With over 500,000 people engaging with voter registration or candidate research tools, it is evident that crypto enthusiasts are not only passionate but also eager to make their voices heard at the ballot box. As the election season unfolds, crypto voters are poised to play a crucial role in shaping the future of cryptocurrency policy.