Kamala Harris Pushes for U.S. Dominance in Blockchain
Harris vs. Trump for blockchain dominance
Vice President Kamala Harris has made a striking statement in support of the U.S. maintaining dominance in blockchain, artificial intelligence, and other groundbreaking technologies. In a Sept. 25 speech at The Economic Club of Pittsburgh, Harris emphasized the need for the U.S. to invest in future industries, including blockchain.
Harris stated, “We will invest in biomanufacturing and aerospace, remain dominant in AI and quantum computing, blockchain, and other emerging technologies,” underlining the importance of fostering innovation while keeping the U.S. ahead of global competitors.
Harris’ comments mark her first significant statement on cryptocurrency, following a more general mention of "digital assets" in a Sept. 22 fundraising event. While rival Donald Trump has been more vocal in his support for crypto, Harris is now positioning herself as a supporter of tech advancement with a focus on consumer protection.
In an 82-page economic plan released with her speech, Harris reiterated her stance, suggesting her administration would encourage blockchain and other innovative technologies while safeguarding investors.
Harris also took aim at global competition, noting that the U.S. must stay ahead of countries like China in these critical industries.
Analysts have offered mixed predictions on how Harris or Trump might affect crypto markets. VanEck analysts suggested a Harris win could ultimately be better for Bitcoin by accelerating economic conditions that favor its adoption. However, other reports speculate a Trump victory could push Bitcoin as high as $90,000, while a Harris win might see it dip to $30,000.
As the election approaches, both candidates are neck-and-neck, with Harris holding a slight 2.5-point lead.