The study found out that voters might be willing to cross party lines as long as the candidate’s stance on crypto aligns with their own belief.
A recent study by Consensys and HarrisX has placed high hopes on crypto policies as potential deciders of the 2024 US presidential election. With the election fast approaching, observers have been keen on unraveling what’s on the minds of voters ahead of D-day.
Study Reveals Crypto’s Growing Influence on Voter Behaviour
As the study found out, nearly half of voters (49%) would consider crypto policies in choosing their preferred candidate. This number increases massively to 85% when it comes to crypto owners, of which 92% have shown a very high interest in voting.
Essentially, this survey proves a point. It shows a trend among voters, particularly crypto enthusiasts, that they might be willing to cross party lines even as long as the candidate’s stance on crypto aligns with their own beliefs.
Among the general electorate, Consensys and HarrisX found that voters are +13 points more likely to support a candidate outside their political party of choice. That is, as long as that candidate advocates pro-crypto policies.
Again, this trend of switching sides was more pronounced among crypto owners. This set of individuals has a +58 point likelihood to cross from one party to the other, all because of favorable crypto policies.
Eyes Are on Swing States and Crypto Voters Ahead of US Elections
For now, none of the major political parties has been able to establish a clear lead over the other crypto-wise. This explains why former President Donald Trump leads on some fronts in crypto, but Vice President Kamala Harris also leads on others.
Trump, for instance, enjoys 56% support for his pro-crypto stance, while Harris, though hypothetical with her opposing views on restrictive SEC rules, is also supported by 55% of voters.
According to this survey, voters remain slightly skeptical about the party that they trust more to set crypto policies. Here, Republicans have a thin lead of 35% as opposed to Democrats’ 32%.
The skepticism and indecision noted above may be important for the candidates and their parties to quickly work on. It presents an opportunity for them to distinguish themselves properly with clear and crypto-friendly policies.
About swing states such as Pennsylvania, Michigan, and Wisconsin, nothing is yet certain. Although Republicans currently hold a tiny lead over Democrats with 38% to 36% trust regarding crypto policies, a lot can still happen.
Swing states are no man’s land. However, if a candidate can put forward a stance on crypto that clearly supports the industry, they just may find themselves at an advantaged position in these states. That is because crypto has proven itself to be a bipartisan issue. At least, from the results of this new survey.
As Dritan Nesho, CEO of HarrisX, points out, this voter bloc “could tip the scales in an election that increasingly looks likely to be decided by a thin margin.”
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