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Besides Trump, which other American politicians will attend this year's BTC conference?
Bitcoin Magazine CEO David Bailey confirmed yesterday that US Vice President Harris will not speak at the BTC 2024 conference. Despite Harris's absence, this year's BTC conference is not lacking in the presence of American politicians. The conference has invited 10 American political guests including Trump, with 8 being Republicans, only one being a Democrat, and one being an independent (former Democrat).
Of course, it is not surprising. On the one hand, Nashville, where the conference is held, is located in Tennessee, a traditional 'red state' and the stronghold of the Republican Party, both senators from Tennessee will attend. On the other hand, compared to the conservatism of the Democratic Party, the majority of the Republican Party have an optimistic attitude towards Cryptocurrency. A recent survey by Paradigm showed that 28% of Republicans hold or have purchased Cryptocurrency, which exceeds the national average, and 60% of Republicans tend to have clear encryption regulations in Congress. An intuitive comparison is that in May of this year, the Republican Party led and pushed through the FIT21 bill, the following figure intuitively reflects the voting results of the two parties and their attitudes towards the regulation of digital assets. Recently, the Republican National Convention also approved a new policy proposed by Trump for the Republican Party, one of which is to support innovative encryption policies.
Let's go back and talk about the politicians who participated in the BTC conference and their promotion of encryption.
· Donald Trump: 2024 US presidential election candidate, former 45th President of the United States, Republican. He referred to himself as the 'Crypto President' and has been involved in the encryption field. You can read about his involvement in our previous article, 'Selling Trump: The former president's encryption political and business circle and 'business experience'.'
**· Vivek Ganapathy ** has participated in the Republican nomination campaign for the 2024 U.S. presidential election, a Republican who announced accepting BTC as campaign donations during the campaign. He announced his withdrawal from the presidential primary on January 15, 2024.
· Bill Hagerty is a Republican senator from Tennessee who has criticized the Democratic Party for being too centralized and restrictive in their treatment of the encryption industry.
· Marsha Blackburn is a senator from Tennessee, a Republican. She announced during this year's reelection campaign that she would accept Cryptocurrency donations and praised the freedom and privacy of BTC.
· Cynthia Lummis is a senator and former federal congresswoman from Wyoming, a Republican, and a supporter of BTC. She has been pushing for legislation related to BTC and cryptocurrency, stating that BTC and cryptocurrency will become an important part of the future economy. She also plans to announce BTC strategic reserve legislation at the BTC conference.
**· Tim Scott ** is a senator from South Carolina, a Republican, and a member of the US Senate's Financial Innovation Core Group. He has repeatedly called for a balanced approach to digital assets and advocated for the establishment of a Cryptocurrency regulatory framework.
· Bernardo Moreno is a Republican candidate for the United States Senate, a Republican, and a blockchain entrepreneur and Cryptocurrency enthusiast.
· Sam Brown is a Republican Senate candidate, Republican, early adopter of cryptocurrency, who invested in BTC in 2017.
· Robert F. Kennedy Jr. is an independent candidate for President of the United States, formerly a Democrat until 2023, and currently affiliated with another independent party. He has purchased 14 BTC and has made multiple statements in support of the Block, BTC, and Cryptocurrency, such as expressing the desire to allocate the entire U.S. budget to the Block on-chain and promising to release the founder of the Silk Road platform if elected president.
**· Ro Khanna ** is the only Democrat at the conference, who has been a member of the U.S. House of Representatives since 2017. This congressman is a progressive Democrat, representing a district in Silicon Valley that is friendly to Cryptocurrency. The highly followed Cryptocurrency policy roundtable this month was hosted by Ro Khanna, who has been in contact with senior executives in the digital asset industry, Democratic lawmakers, and White House officials.
P.S. Despite encryption becoming a battleground for both parties and Favourable Information for the entire industry, in the long run, both parties need to cooperate more in promoting the development and regulatory aspects of the encryption industry, which is healthier for the entire ecosystem.