Binance Coin
$8.07 -2.13%
BNB · 1w

Survey: 60% of US Voters Want Cryptocurrency Political Donations to Be Legal - Bitcoin News

Regulation

Clovr recently surveyed 1,023 registered U.S. voters to learn how the American public views the possibility of political candidates accepting cryptocurrency donations for campaign financing. A majority of 60 percent said cryptocurrency donations should be treated the same as fiat, with only 21 percent disagreeing.

Also Read: New ‘Trust Machine’ Blockchain Film Tackles Politics of Technology

Safe and (Relatively) Stable

Regarding the topic of security, 54 percent of respondents in the Clovr survey answered that cryptocurrencies were safe enough for political donations. Breaking it down by party affiliation, 63 percent of Republicans agreed cryptocurrency was secure enough to be used for political purposes, with 52 percent of Democrats and 45 percent of independents saying the same. Additionally, 73 percent of those polled who claimed to be knowledgeable about cryptocurrencies believed security was not an issue.

Voters appear less certain about the question of price stability with regards to USD exchange rates, but still supportive in relatively high numbers. The survey showed 52 percent of Republicans think cryptocurrency is stable enough for political campaign donations, with just 40 percent of Democrats and 35 percent of independents believing the same. In contrast, 62 percent of those who self-identity as ‘extremely familiar’ with cryptocurrency answered that it is stable enough.

One result from the survey that should be of particular interest to politicians is that almost 25 percent of respondents said they would be more likely to financially back campaigns if they accepted cryptocurrency as an option. This is true for 2...

Continue on news.bitcoin.com
Recent news