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Harris's economic policy focuses on digital assets, and the encryption community's response is inconsistent.
Vice President Harris's economic policy focuses on emerging technologies, and the encryption community's reactions vary.
Vice President Harris recently delivered a speech at the Pittsburgh Economic Club, emphasizing that the United States is committed to maintaining global leadership in technology sectors that will define the next century, including emerging technologies such as artificial intelligence, quantum computing, and blockchain. She also released an 80-page economic plan on the official website, which again mentions "digital assets."
In the document titled "Opening New Pathways for the Middle Class: A Plan for Lowering Costs and Creating Opportunity in the Economy," Harris and his partner Walz outline how they will "enhance America's competitive edge in areas critical to the economy and national security." They propose a "Strategy for America Forward" aimed at ushering in a new era of American industrial development through the promotion of manufacturing growth and the application of new technologies.
In the plan, the Harris team stated: "The strategy includes investment in emerging technologies as well as the modernization of traditional industries. It will also encourage the development of innovative technologies such as artificial intelligence and digital assets, while protecting our consumers and investors."
This statement is consistent with Harris's earlier remarks at a fundraising event in New York. During that event, she broke her silence on encryption for the first time, stating that she would "encourage innovative technologies such as artificial intelligence and digital assets, while protecting consumers and investors."
However, the encryption community has mixed reactions to Harris's stance. Some believe her statement lacks specific details. Tim Kravchunovsky, CEO of the decentralized telecom network Chirp, stated: "The reality is that we haven't heard any specifics on how to provide concrete support." He pointed out that, in contrast, the former president has clearly outlined his encryption policies, such as creating a strategic Bitcoin reserve.
Neil Hartner, a senior software engineer at a payment company, shares a similar view, believing that the description of digital assets in the Harris-Wolz economic plan is "too vague."
On the other hand, some encryption advocates believe that Harris has made progress in his stance on emerging technologies. Analyst Adam Cochran stated that although some are dissatisfied with Harris's silence and "ambiguous attitude," the current situation still represents a form of progress.
However, the latest poll results show that among cryptocurrency holders, the former president's support rate is significantly ahead of Harris. According to a national poll by Fairleigh Dickinson University, the former president leads by 12 percentage points among potential voters who own cryptocurrency (50% to 38%). In contrast, among voters who do not own cryptocurrency, Harris leads by 12 percentage points (53% to 41%).
The poll also shows that 15% of respondents stated that they currently own or have previously owned cryptocurrency, NFTs, or similar digital products. Among cryptocurrency holders, the proportion of males is significantly higher than that of females (22% to 9%), and these males tend to be younger voters and belong to racial minority groups.
With less than two months left until the election, most encryption voters hope to hear clearer and more targeted positions. It remains to be seen whether Harris and Walz will elaborate more on their policies regarding blockchain, digital assets, and especially cryptocurrencies during the upcoming campaign.
It is worth mentioning that Harris set a personal fundraising record at a recent fundraising event in New York, raising $27 million. In terms of fundraising, the former president is currently trailing Harris, as he has recently scheduled several high-profile fundraising events, including those in Texas and Florida in October.