sport football: How Crypto Can Tip the Presidential Election

October 25, 2024 | Listen Online | Read Online

How Crypto Can Tip the Presidential Election

I'm no fan of politicians. And I'm not a political expert…

But I am an expert at making money by following money. And one way to track down life-changing investments is by watching what politicians do.

And when it comes to crypto, they're starting to change their tune.

That's why I'm holding an emergency briefing on Wednesday, October 30 at 8 p.m. ET. For the first time in my career, I will announce my official prediction for the 2024 presidential election.

Friends, I haven't become a political pundit.

My goal remains to help as many people as I can make as much money as they can from the crypto asset class – regardless of which side of the political aisle they stand on.

So why enter the political prognostication game now?

The answer is simple. Money. Lots and lots of money.

My research suggests the outcome of the presidential election will trigger a massive boom in a small corner of the crypto market. If you get this right, you'll need a forklift to help you carry all the money you can make. (More on that below.)

So whether you support Vice President Kamala Harris, President Donald Trump – or neither candidate – you'll want to attend this historic event.

Crypto Is Becoming a Voting Issue

More people own digital assets than ever before. And as the adoption rate of this asset class increases, it will increase in importance as a voting issue.

This is something I've been writing about for years. And that's starting to play out this election cycle.

An estimated 40% of American adults now own crypto. That translates to about 93 million people. Among current crypto owners, around 63% hope to obtain more over the next year.

According to a recent survey, this group of crypto owners is politically active and represents a higher turnout in sheer numbers than the margin of victory in several swing states during previous elections.

More importantly, the appeal of pro-crypto policies transcends traditional party lines.

Earlier this month, The Digital Chamber of Commerce conducted a survey on crypto policies and their effects on voting.

As many as 40% of survey respondents indicated that a candidate's stance on crypto could prompt them to switch their vote, which shows just how pivotal this issue has become.

Across party lines, voters said both candidates should pay more attention to the issue of crypto and digital assets.

Candidates aren't only feeling the political pressure from voters.

In my view, the greater political pressure to create a friendlier regulatory environment for digital assets will come from the growing crypto lobby.

Despite being a fledgling industry, crypto lobbyists have quietly created some of the biggest political action committees (PACs) of this election cycle.

A PAC is a tax-exempt group that pools campaign contributions from members and donates those funds to support or oppose candidates, ballot initiatives, or legislation.

So far this election cycle, the industry has poured $130 million into elections across the U.S., according to the Federal Elections Commission (FEC). By comparison, the crypto lobby only spent $22 million during the 2022 midterm election cycle.

The website Politico, the crypto lobby is spending more than environmental PACs, pro-Israel advocates, or abortion-rights groups.

And the crypto industry accounts for nearly half of all donations made by corporations this election cycle as the sector outpaces both the big banks and oil.

An estimated 1 in 12 independent expenditure dollars in U.S. House and Senate races this year have come from cryptocurrency-linked super PACs. And of the 42 primary candidates that crypto-backed super PACs supported, 36 were successful.

Friends, whether you like it or not, in American politics, policy follows the money. That's just the reality.

As you can see, the appeal of owning crypto crosses party lines. And the number of people who want politicians to take a more pro-crypto stance is growing.

Both supporters of Vice President Harris and President Trump believe their own candidate is more supportive of crypto than the opposing candidate.

And the one who can convince them that their crypto policies are the best could tip the scales of what many believe is the most important election in U.S. history…

Both Campaigns Are Trying to Win the Crypto Vote

With the crypto lobby emerging as a major force in the 2024 election, both President Trump and VP Harris have evolved their positions on the asset class.

President Trump once called bitcoin "a scam against the U.S. dollar." He's since repositioned himself as a champion for crypto.

At a major cryptocurrency conference in Nashville, he vowed to make the U.S. the "crypto capital of the planet" and bitcoin the "superpower of the world." And his campaign now accepts bitcoin donations.

President Trump's running mate, Ohio Senator J.D. Vance, is also a longtime crypto advocate.

And the Republican National Committee even mentions cryptocurrency in its official party platform, noting that President Trump will defend the right to mine bitcoin and "ensure every American has the right to self custody of their Digital Assets, and transact free from Government Surveillance and Control."

For her part, VP Harris has shifted from President Joe Biden's anti-crypto stance.

Securities and Exchange Commission (SEC) chair Gary Gensler is one of several Biden appointees who have been vocal opponents of crypto. And he's largely made good on promises to crack down on the industry. But once President Biden withdrew from the race, VP Harris began to break with her boss on crypto.

Last month at a campaign event in New York, VP Harris said she wanted to encourage innovation.

Uniswap Labs CEO Hayden Adams appeared to endorse Harris following her remarks, as he wrote on X (formerly Twitter)…

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Yes, Biden has been bad for crypto, and actions will speak louder than words, but progress is progress; it needs to start somewhere and should be encouraged. She is signaling her admin will approach it differently / be more pro-innovation."

And Anthony Scaramucci, founder and managing partner of SkyBridge Capital, who served briefly as White House communications director under President Trump, said during Token 2049 in Singapore that he is working with the Harris campaign to develop crypto policy.

Friends, this is one of the most divisive political campaigns in history. Yet, the two candidates are converging on one key issue: Crypto.

That suggests to me that their crypto policies could tip the outcome of the election in the favor of one candidate or the other.

The mainstream media is completely missing this narrative.

That's why on Wednesday, October 30 at 8 p.m. ET – for the first time in my career – I'm holding an emergency briefing to announce my official prediction for the 2024 presidential election. (Reserve your seat here)

During the briefing, I'll also explain why the outcome of the election will trigger a massive boom in a small corner of the crypto market. And share details about six "500x coins" I believe have the potential to skyrocket after the election.

I'll also give away the name of a coin that's directly linked to the election results. I'm predicting it could double the moment the new POTUS is announced.

You'll get the name and ticker symbol of this token just for showing up – absolutely free with no strings attached.

Out of fairness to everyone, I can't reveal my prediction here. But I'll announce my prediction to the world on October 30 at 8 p.m. ET.

So, make sure to reserve your spot right now.

Let the Game Come to You!

Big T