With the midterm elections approaching in the United States, various speculations regarding the influence of crypto on it have been made. Numerous studies have been conducted to see if voters prioritize crypto in their list.
Previously, former senator Cory Gardner had suggested that with the ongoing trends, crypto might be an important factor in the upcoming elections. Supporting the same view comes a survey conducted by the Harris Poll, an American market research and analytics company tracking American adults’ sentiments, behaviors, and motivations.
The survey was conducted from October 6 to October 11 and involved more than 2000 participants. Amongst the participants in the survey, 57% voted in favor of a candidate who would show well-awareness towards cryptocurrency, whereas 38% stated that they would consider the stance of the said candidate on cryptocurrency while voting. This proves that about two-thirds of voters will prioritize crypto as a deciding factor in the upcoming elections.
Further, the survey also suggested that crypto regulation is not party-specific but bipartisan, with about 87% of democratic and 76% of republican respondents rising in favor of more clarity from the government.
The survey thus concluded that lawmakers and voters have realized the trend around crypto and are considering the opportunity to know more about the asset class. The differences in opinions and idealism in politics haven’t seemed to differentiate the opinions on crypto, as most Democrats and Republicans unanimously believe crypto holds the future of finance.
However, according to an expert from a digital assets platform, crypto isn’t a strong enough factor to influence the voter’s choices. November 8 has been decided as Election Day, and voting has already begun in a few states. Various other issues besides crypto have kept the House of Representatives and Senate in check, like abortion, gun control, free and fair elections, the state of the economy, etc.
The midterm elections are an important affair in the States, considering that out of 435 seats in the House of Representatives, Democrats hold 220, Republicans hold 212, and 3 are vacant. Democrats currently lead in both houses with a slight majority, making the elections a potential big turn of events.