Original Authors: Shelly, Nianqing, ChainCatcher

Bitcoin Magazine CEO David Bailey confirmed today that US Vice President Harris will not speak at the Bitcoin 2024 conference. Despite Harris's absence, this year's Bitcoin conference will not lack the presence of American politicians. The conference has invited 10 American political guests, including Trump, with 8 being Republicans, one being a Democrat, and one being an independent (formerly a Democrat).

Of course, this is not surprising. On the one hand, the conference is held in Nashville, Tennessee, which is traditionally a "red state," the stronghold of the Republican Party. Both of Tennessee's senators will attend. On the other hand, compared to the conservative stance of the Democratic Party, the majority of Republicans are optimistic about cryptocurrency. A recent survey by Paradigm showed that 28% of Republicans hold or have purchased cryptocurrency, exceeding the national average, and 60% of Republicans tend to have clear cryptocurrency regulations in Congress. A more intuitive data point is that in May of this year, the Republican-dominated Congress passed the FIT21 bill. The following image intuitively reflects the voting results of the two parties and their attitudes towards digital asset regulation. Recently, the Republican National Convention also approved Trump's new agenda for the Republican Party, which includes supporting innovative cryptocurrency policies.

Voting on the FIT21 bill by both parties, image source: Bitwise

Let's talk about the politicians participating in the Bitcoin conference and their promotion of cryptocurrency—

• Donald Trump: Candidate for the 2024 US presidential election, former 45th President of the United States, Republican, self-proclaimed "Crypto President." His involvement in the cryptocurrency field can be read in our previously published article "Selling Trump: Former President's Cryptocurrency Business Circle and 'Business Experience.'"

• Vivek Ganapathy: Participated in the 2024 US presidential election Republican nomination race, Republican, announced acceptance of Bitcoin as campaign donations. He withdrew from the presidential primary on January 15, 2024.

• Bill Hagerty: Senator from Tennessee, Republican. He criticized the Democratic Party for being too centralized and restrictive in its approach to the cryptocurrency industry.

• Marsha Blackburn: Senator from Tennessee, Republican. Announced acceptance of cryptocurrency donations during this year's re-election campaign and praised the freedom and privacy of Bitcoin.

• Cynthia Lummis: Senator from Wyoming and federal congresswoman, Republican, advocate for Bitcoin, has been pushing for Bitcoin-related legislation, stating that Bitcoin and cryptocurrency will become an important part of the future economy. She also plans to announce Bitcoin strategic reserve legislation at the Bitcoin conference.

• Tim Scott: Senator from South Carolina, Republican, member of the US Senate Banking, Housing, and Urban Affairs Committee. He has repeatedly called for a balanced approach to digital assets and has pushed for the establishment of a cryptocurrency regulatory framework.

• Bernardo Moreno: Republican candidate for the US Senate, Republican, a blockchain entrepreneur and cryptocurrency enthusiast.

• Sam Brown: Republican candidate for the US Senate, Republican, an early adopter of cryptocurrency, invested in Bitcoin in 2017.

• Robert F. Kennedy Jr.: Independent candidate for US President, was a Democrat in 2023 and before, currently belongs to another independent party. He has purchased 14 bitcoins and has repeatedly expressed support for blockchain, Bitcoin, and cryptocurrency, such as hoping to put the entire US budget on the blockchain and planning to release the founder of the Silk Road platform if elected president.

• Ro Khanna: The only Democrat attending the conference, has been a US House of Representatives member since 2017. This progressive Democratic congressman represents a district that is friendly to cryptocurrency in Silicon Valley. The highly anticipated cryptocurrency policy roundtable this month was hosted by Ro Khanna, who has been in contact with industry executives, Democratic lawmakers, and White House officials.

P.S. Although the favor of cryptocurrency voters becoming a "battleground" for both parties is beneficial for the development of the entire industry, in the long run, it is more necessary for both parties to cooperate in promoting the development and regulatory aspects of the cryptocurrency industry, which is healthier for the entire ecosystem.

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