Trump in the Spotlight After Kamala Harris Leaves Bitcoin Conference – What Now?
Journalist
Kamala Harris’ avoidance of the 2024 Bitcoin Conference has drawn mixed reactions.
Scaramucci believes Harris’ presidency will change crypto regulation by exchanging key figures.
Bitcoin [BTC] The 2024 conference is fast approaching and the event has been attracting a lot of attention. Former President Donald Trump confirmed his attendance at the conference, giving it a high-profile aspect.
Kamala Harris chooses not to attend the Bitcoin Conference
However, Vice President Kamala Harris has declined the invitation. Bitcoin Magazine CEO and conference organizer David Bailey announced this development.
In his July 24 post, X said:
“No surprise. What can she tell us when she’s actively locking up the developers, pushing our businesses overseas, and attacking PoW… It would have been a disaster for her. “All eyes are on Trump right now.”
Ripple CEO Brad Garlinghouse noted that the crypto community seemed unfazed by this latest development.
“Jumping to conclusions and making assumptions about candidates based solely on their political affiliation without offering a policy proposal is holding the crypto industry back (much like tribalism has done for years).
Executives speak out…
Garlinghouse explained how Harris’ strong ties to Silicon Valley give her the ability to tackle critical issues surrounding U.S. competitiveness, such as cryptocurrency regulation.
He explained that while they hope she will bring a fresh perspective to the issue, he is concerned that an aggressive stance like that of Senator Elizabeth Warren could prove problematic. He added:
She underestimated Gary Gensler’s political responsibilities.
This is especially relevant given SEC Chairman Gary Gensler’s controversial position. Gensler has been a polarizing figure in the crypto space.
Scaramucci believes Harris will ditch Gensler
Anthony Scaramucci presented a unique perspective to the crypto community. He said:
“I see a lot of negative views on @VP@KamalaHarris’ decision not to speak at the #Bitcoin conference… She is open to crypto.”
Scaramucci predicted that a Harris-led administration could bring significant changes in regulatory leadership. He predicted that Gary Gensler would be replaced as the current SEC chair and Elizabeth Warren would take on the role of financial services czar.
Scaramucci said that this change would lead to a less confrontational and more balanced stance towards cryptocurrency regulation under a Harris administration.
He expressed his feelings best when he said:
Keep crypto bipartisan. It will get better for the ecosystem over time.
Memecoin impact on prediction market
CoinGecko reports that the Kamala Harris-based memecoin KAMA has fallen by more than 11% in the past 24 hours.
Polymarket forecast data also shows Harris in second place with 33% of the vote, while Trump still leads with 62%.
