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A recent Fairleigh Dickinson University (FDU) poll sheds light on how former President Donald Trump’s pro-crypto stance is influencing voter preferences as he vies for the Republican nomination in the 2024 U.S. presidential race. Trump’s positioning on cryptocurrency seems to be paying off politically, particularly among the growing number of crypto owners in the United States, providing a nuanced view of how digital assets are beginning to influence political dynamics in ways that may shape future elections. Trump’s Crypto Embrace: A Game-Changer for the 2024 Race? According to the poll, Trump holds a significant lead over Vice President Kamala Harris among likely voters who own cryptocurrency or have dealt with digital assets. Specifically, the poll found that Trump is ahead of Harris by a 12-point margin in this group. However, for voters who do not own cryptocurrency, Harris holds a similar 12-point lead. This polarization in voter preferences along the crypto divide highlights how Trump’s embrace of cryptocurrency is creating a sharp delineation between different voter demographics. Source: FDU Crypto adoption has surged over the past few years, and now, a reported 15% of U.S. voters either own or have owned cryptocurrency. This number includes ownership of various forms of digital assets, such as cryptocurrencies (Bitcoin, Ethereum, etc.) and non-fungible tokens (NFTs). The 15% crypto-owner demographic, while still a minority, represents a growing and potentially pivotal slice of the electorate, especially in a closely contested race. What makes this even more compelling is that the poll data reveals distinct demographic trends among crypto owners. Those in favor of Trump and his pro-crypto rhetoric tend to be younger, male, and disproportionately come from minority communities. These voters are less likely to hold traditional financial investments but are enthusiastic about the potential for cryptocurrency to disrupt the status quo. A Political Calculus:…

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Filed under: News - @ October 24, 2024 2:25 am