-
Dennis Porter of Satoshi Act Fund believes that bitcoiners “will vote for whoever supports BTC.”
-
Support for Bitcoin “transcends traditional party lines,” Porter says.
This Thursday, the state of Pennsylvania, known for its decisive role in the United States presidential elections, approved the Bitcoin Rights Act in the House of Representatives by an overwhelming majority. Dennis Porter, founder of the Satoshi Act Fund, announced this progress, noting that “both Republicans and Democrats came together to pass the bill.”
The relevance of this approval is amplified by Pennsylvania’s status as one of the most competitive swing states. According to Porter, “Pennsylvania has 19 electoral votes, a significant prize that could tip the balance in a close race.”
This state, with its political diversity that encompasses urban, suburban and rural votersis the favorable scenario to verify the candidates’ ability to attract all demographic groups, says Porter, who highlights that the presence of figures such as Elon Musk, in the state, underlines its strategic importance for the 2024 elections.
Porter highlights the fact that both Democrats and Republicans have approved the bitcoin rights law. Source: X/Dennis_Porter_.
For Porter, the Bitcoin law is not just financial legislation, but a reflection of changes in American politics. “The adoption of Bitcoin “It is creating a new base of voters,” he mentions, “who actively seek out politicians who support financial freedom and innovation.” This base, according to him, “has the potential to significantly influence the elections.”
Porter emphasizes that “voters who own bitcoin are very engaged,” suggesting that their turnout could be high. “Support for Bitcoin transcends traditional partisan lines,” appealing to those who value the decentralized economy and digital privacy, he said.
In addition, he asserted that Bitcoin is positioned as an alternative to CBDCs (digital currencies issued by central banks), a hot topic among voters.
A candidate who defends Bitcoin rights could attract young and technologically informed voters, projecting himself as pro-innovation and pro-growth, Porter stressed. He emphasizes that Bitcoin symbolizes financial sovereignty and resistance to centralization, themes that resonate with the fight for freedom and self-determination, resonating that they are important to many voters.
Politicians who act early and decisively on Bitcoin rights, according to Porter, “will benefit from being seen as leaders in a growing and transformative movement,” winning the loyalty of voters seeking visionary leadership.
This movement in Pennsylvania not only marks a milestone for the legislation of cryptocurrenciesbut could also alter the electoral landscape of 2024. In the context of the elections, the debate about Bitcoin and cryptoassets has gained ground. Republican candidate Donald Trump has shown openness, even launching a DeFi platformas reported by CriptoNoticias. While Democrat Kamala Harris has promised regulation of the emerging sector, but favorable for African Americansreflecting the diversity of political approaches towards the ecosystem.
This article was created using artificial intelligence and edited by a human Editor.
Crypto Keynote USA
For the Latest Crypto News, Follow ©KeynoteUSA on Twitter Or Google News.
