Harris campaign now accepts Bitcoin

[Fivestar4everMVP]

Lol, earlier they were not in favor to support crypto and now that they Trump is gaining attention supporting crypto, Harris has started the same approach isn't it.
They are accepting crypto donations but they will forget all of that and be hesitant towards accepting crypto after the elections.

I suspect neither candidate is going to care about crypto after the election--it's mostly about a few billionaire Bitcoin whales giving them both millions right now. But Americans as a whole definitely don't care about Bitcoin as a serious political issue, compared to issues like abortion, immigration, etc.

Well, as much as I like to agree with you, I will also want to give the benefit of doubt to Trump, I don't know if it's all for political reasons - which I honestly think there is really a high chance it may be, but the man have showed genuine interest in bitcoin of late, even making out time to attend a bitcoin conference, I was also reading a news the other day and some where in there, it was mentioned that he was backing a crypto related project but on a low key.

But then again on the other hand, lets assume that both of them after either winning the election, they no longer care about bitcoin and the crypto industry, will that have any negative impact on bitcoin and the market in general?

I think there are two possible answers to that question, first answer is "it may but partially", and second answer is "no", but one thing that is certain for sure is that Bitcoin and crypto in general have existed and thrived without this people, and without them or their supports in the future, the crypto industry will still continue to stand strong.

[SmartGold01]

https://www.reuters.com/world/us/top-super-pac-backing-kamala-harris-accept-cryptocurrency-donations-2024-09-05/
Now both major US candidates accept Bitcoin for donations. Great progress for Bitcoin acceptance.

Adoption is very closer and if this could keep going then what more? This shows that gradually the dream of Satoshi nakamoto is becoming into reality.
Though it has already became a reality but just the adoption, with the way things are going and couples with the US involvement then there is a positive move.

[Fivestar4everMVP]

https://www.reuters.com/world/us/top-super-pac-backing-kamala-harris-accept-cryptocurrency-donations-2024-09-05/
Now both major US candidates accept Bitcoin for donations. Great progress for Bitcoin acceptance.

Adoption is very closer and if this could keep going then what more? This shows that gradually the dream of Satoshi nakamoto is becoming into reality.
Though it has already became a reality but just the adoption, with the way things are going and couples with the US involvement then there is a positive move.

I was going to say that all of Satoshi's dreams as regards to bitcoin have already became reality long before now, and  so far so good, bitcoin has been able to achieve way more than which Satoshi envisioned for it.

And it's also important we come to terms with the fact that politicians don't bring adoption to anything, what ever you see them promote is for their own selfish interests.
The masses, the people, ordinary people like you and I are the ones who bring adoption to anything.
Bitcoin gained adoption when the majority of those who come across it loved it and keyed into the idea, supporting its circulation, popularity and growth.
And certainly, bitcoin and crypto in general will achieve full adoption with or without the US government.

[fikrett]

https://www.reuters.com/world/us/top-super-pac-backing-kamala-harris-accept-cryptocurrency-donations-2024-09-05/
Now both major US candidates accept Bitcoin for donations. Great progress for Bitcoin acceptance.

Adoption is very closer and if this could keep going then what more? This shows that gradually the dream of Satoshi nakamoto is becoming into reality.
Though it has already became a reality but just the adoption, with the way things are going and couples with the US involvement then there is a positive move.

I was going to say that all of Satoshi's dreams as regards to bitcoin have already became reality long before now, and  so far so good, bitcoin has been able to achieve way more than which Satoshi envisioned for it.

And it's also important we come to terms with the fact that politicians don't bring adoption to anything, what ever you see them promote is for their own selfish interests.
The masses, the people, ordinary people like you and I are the ones who bring adoption to anything.
Bitcoin gained adoption when the majority of those who come across it loved it and keyed into the idea, supporting its circulation, popularity and growth.
And certainly, bitcoin and crypto in general will achieve full adoption with or without the US government.

It will be a bit easier though if the govs won't hold the progress, however, I agree.
It's still going to happen, the question is when, not if.

[SmartGold01]

https://www.reuters.com/world/us/top-super-pac-backing-kamala-harris-accept-cryptocurrency-donations-2024-09-05/
Now both major US candidates accept Bitcoin for donations. Great progress for Bitcoin acceptance.

Adoption is very closer and if this could keep going then what more? This shows that gradually the dream of Satoshi nakamoto is becoming into reality.
Though it has already became a reality but just the adoption, with the way things are going and couples with the US involvement then there is a positive move.

I was going to say that all of Satoshi's dreams as regards to bitcoin have already became reality long before now, and  so far so good, bitcoin has been able to achieve way more than which Satoshi envisioned for it.

And it's also important we come to terms with the fact that politicians don't bring adoption to anything, what ever you see them promote is for their own selfish interests.
The masses, the people, ordinary people like you and I are the ones who bring adoption to anything.
Bitcoin gained adoption when the majority of those who come across it loved it and keyed into the idea, supporting its circulation, popularity and growth.
And certainly, bitcoin and crypto in general will achieve full adoption with or without the US government.

You are right but however, the government still have a major role to play over there because without their pronouncement to make it effective it could take longer time. But still the majority of bitcoin users keeps increase like in every single moment since it's gaining it's popularity over the globe. I will say that government are just a tools to power up the bitcoin as a legal tender where you and I can use it without any restrictions from other people. And of course the goals was already actualized even before now so if you read my post again you would understand.

[naira]

https://www.reuters.com/world/us/top-super-pac-backing-kamala-harris-accept-cryptocurrency-donations-2024-09-05/

Now both major US candidates accept Bitcoin for donations. Great progress for Bitcoin acceptance.

Wait....
Isn't Kamala Harris very much against it? great progress or is there something she wants to achieve? like damaging Trump vote that has received attention from the crypto community and then his opponent tries to split the vote because he feels he doesn't have enough support. If now 2 candidates try to compete for the same territory, it will only damage the crypto industry in the US. I'm sure that US citizens who already know Kamala rottenness towards crypto policies will definitely not swallow their own spit.

[Synchronice]

I truly, I truly want someone to deposit coinjoined and mixed coins to this address. That would be a lot of fun, wouldn't it? If an average Joe receives money from mixer or other privacy enhancing services, then average Joe will be in trouble but what about Harris and his supporters? Are they immune to it?
By the way, I really hope that Lazarus members will send a bitcoin or two to his address, I'll sit and watch it with my popcorn.

The president of the United States should be renamed with The shameless of the United States

[Agbamoni]

https://www.reuters.com/world/us/top-super-pac-backing-kamala-harris-accept-cryptocurrency-donations-2024-09-05/
Now both major US candidates accept Bitcoin for donations. Great progress for Bitcoin acceptance.

Adoption is very closer and if this could keep going then what more? This shows that gradually the dream of Satoshi nakamoto is becoming into reality.
Though it has already became a reality but just the adoption, with the way things are going and couples with the US involvement then there is a positive move.

Edited to add source link of video - Donal Trump on X

Let's be vigilant if he has the convictions or if it's just a political tactic. This is Donald Trump three years ago when he said he did not like Bitcoin. However, everyone is allowed to change their views on what they think about something because change is the dynamic nature of humans. I believe that people can learn over time and perhaps Trump has learned. Of course, many of us today were chronic haters of Bitcoin until we understood it and now, we are enthusiastic about it.

As for Harris, I do not know when her passion for cryptocurrency started, hers looks more like a political ambition. She may never win against Trump. I will advise all US citizens to watch carefully.

[legendbtc]

https://www.reuters.com/world/us/top-super-pac-backing-kamala-harris-accept-cryptocurrency-donations-2024-09-05/
Now both major US candidates accept Bitcoin for donations. Great progress for Bitcoin acceptance.

Adoption is very closer and if this could keep going then what more? This shows that gradually the dream of Satoshi nakamoto is becoming into reality.
Though it has already became a reality but just the adoption, with the way things are going and couples with the US involvement then there is a positive move.

On the contrary, I don't see anything positive from this news or from both candidates using bitcoin in their campaigns. We have no evidence that they have changed their minds and are actually interested in bitcoin or that they are just doing whatever it takes to achieve their goals. Trump or Harris are no different as they have a history of being unfriendly to crypto, and suddenly they are declaring their support for crypto when they are candidates.

In my opinion, we should wait until the election is over and open policies towards bitcoin are enacted, then we can be optimistic. For now, it is still too early to say anything.

[Stepstowealth]

As for Harris, I do not know when her passion for cryptocurrency started, hers looks more like a political ambition. She may never win against Trump. I will advise all US citizens to watch carefully.

If she is forcing the passion she has for bitcoins, Faking everything all of a sudden then it is best we watch out for her because fake love is usually very dangerous. It is likely that her team has recognized the advantage that Donald Trump was having due to his affinity for bitcoins and how he is embracing it and as such they are trying to make sure that that no longer is an advantage if both of them have it. That is a suspicious behavior, and very
cynical.
The good thing about it is that as both parties are playing friendly with Bitcoin, Bitcoin is benefiting from it because it is increasing in popularity amongst people.

[pawanjain]

Lol, earlier they were not in favor to support crypto and now that they Trump is gaining attention supporting crypto, Harris has started the same approach isn't it.
They are accepting crypto donations but they will forget all of that and be hesitant towards accepting crypto after the elections.

I suspect neither candidate is going to care about crypto after the election--it's mostly about a few billionaire Bitcoin whales giving them both millions right now. But Americans as a whole definitely don't care about Bitcoin as a serious political issue, compared to issues like abortion, immigration, etc.

Well, as much as I like to agree with you, I will also want to give the benefit of doubt to Trump, I don't know if it's all for political reasons - which I honestly think there is really a high chance it may be, but the man have showed genuine interest in bitcoin of late, even making out time to attend a bitcoin conference, I was also reading a news the other day and some where in there, it was mentioned that he was backing a crypto related project but on a low key.

But then again on the other hand, lets assume that both of them after either winning the election, they no longer care about bitcoin and the crypto industry, will that have any negative impact on bitcoin and the market in general?

I think there are two possible answers to that question, first answer is "it may but partially", and second answer is "no", but one thing that is certain for sure is that Bitcoin and crypto in general have existed and thrived without this people, and without them or their supports in the future, the crypto industry will still continue to stand strong.

That's true. Trump has been showing interest in bitcoin lately and as you previously said he might have hired bitcoin experts to guide him through it.
Would it impact bitcoin? Your second answer is more suitable here because I think people already know that it's not worth to trust Trump on this regard.
So even if Trump or Harris don't bother about crypto after the elections, it wouldn't impact bitcoin significantly.
We are currently seeing a minor dump in bitcoin price though and it may be because of crypto donations being exchanged for dollars. Not sure though.

[Marvell1]

So even if Trump or Harris don't bother about crypto after the elections, it wouldn't impact bitcoin significantly.

If the presidential election results don't significantly affect bitcoin, then why do we care how they treat bitcoin in the past and in the future? Why do we care about election results?

I also thought that with or without their support, bitcoin would still stand firm and continue to grow. But is that true? What happens when they hate it, ban it, or make harsh regulations to prevent its growth? I don't think we could have made any greater strides in the adoption and popularity of bitcoin without government support. So we need to choose and vote for pro-bitcoin candidates if we don't want bitcoin's development to slow down.

We are currently seeing a minor dump in bitcoin price though and it may be because of crypto donations being exchanged for dollars. Not sure though.

The amount of donations Trump or Harris receive via crypto is so small, it's negligible, so don't blame them when bitcoin is dumping, LOL.

[Marykeller]

https://www.reuters.com/world/us/top-super-pac-backing-kamala-harris-accept-cryptocurrency-donations-2024-09-05/
Now both major US candidates accept Bitcoin for donations. Great progress for Bitcoin acceptance.

Adoption is very closer and if this could keep going then what more? This shows that gradually the dream of Satoshi nakamoto is becoming into reality.
Though it has already became a reality but just the adoption, with the way things are going and couples with the US involvement then there is a positive move.

The adoption of Bitcoin is around the corner for any country's government that wants to make Bitcoin legalized. But this is for Harri's election campaign donations, organized by PAC(Political Action Committee), which can have one say it's not the full adoption, that after the American election in November, the true winner of the American presidential election would decide on the fate of Bitcoin whether it is to be fully legalized or remains as the way Donald Trump project it as a scam in 2021

[The Cryptovator]

They both accept Bitcoin for donations because it's legal in the USA. There is no problem with accepting Bitcoin, nor is there any advantage for us as well. I don't want to make you hopeless, but it doesn't make any difference for us whether they accept Bitcoin donations or not. Because more important is how crypto-friendly they are. As we know, Trump has a few roadmaps for Bitcoin. If Harris doesn't have any roadmap and future plan for Bitcoin, then we wouldn't benefit even if she won the election. But for sure, Trump has a future Bitcoin plan that builds confidence for Bitcoin users. 

[iBaba]

https://www.reuters.com/world/us/top-super-pac-backing-kamala-harris-accept-cryptocurrency-donations-2024-09-05/
Now both major US candidates accept Bitcoin for donations. Great progress for Bitcoin acceptance.

Adoption is very closer and if this could keep going then what more? This shows that gradually the dream of Satoshi nakamoto is becoming into reality.
Though it has already became a reality but just the adoption, with the way things are going and couples with the US involvement then there is a positive move.

It may only take some time but there's certainty the world will spread its financial assets across the crypto systems and gradually even governments that were against the vision of Satoshi Nakomoto who introduced the Bitcoin decentralized system to bring about alternative ways in which people can have a little bit of relief from the financial institutions.

Instead people will gradually tilt towards the systems that gives them more security of their funds and gives them more sense of ownership than the centralized system where your funds are kept in the watch of some banks who are operated by humans like you and becomes the custodian of your funds until when you request for them again.

While I am not saying centralized financial system should be discarded, I'm also saying the crypto currency space will soon be emancipated and populated by governments that have continuously fight against its existence from the inception.

[SickDayIn]

Some media and people misunderstood earlier news, where CoinBase decided to make clarification as reported by CoinDesk.

Kamala Harris Is Not Directly Accepting Crypto Donations, a PAC Is, Coinbase Says

A spokesperson for Coinbase said the Future Forward PAC, which is dedicated to supporting Kamala Harris, is accepting crypto donations, rather than her campaign directly.

--snip--

The linked article cires that a Political Action Committee (PAC) called "Future Forward" which supports the Democratic Party and presidential nominee Kalama Harris, are the ones who are accepting cryptocurrency donations. This should not be confused as the party or campaign itself is accepting cryptocurrency donations. A PAC is essentially a tax exempt organisation which can support political parties. The PAC's choice to accept cryptocurrency does not represent the Democratic parties beliefs or support for cryptocurrency.

It's good to see someone read the news carefully. And OP's title isn't accurate, it shows that some cryptocurrency user/company doesn't support or trust Trump.

Thanks ABC, it's definitely important the right information is shared. A PAC is independent of the political party itself. Effectively anyone can create a PAC, and use it as a vehicle to receive donations from others to support a politic party. However, like I mentioned it's completely independent. To be honest this really shouldn't have made any news headlines. If an organisation that donated to a party receives crypto, it doesn't mean that party supports crypto. Completely different people, different decision makers.

[Z-tight]

As for Harris, I do not know when her passion for cryptocurrency started, hers looks more like a political ambition. She may never win against Trump. I will advise all US citizens to watch carefully.

They both have one ambition, and that is to be the president of the United States of America, every other thing is just secondary, and that includes BTC. I don't know who is going to win the election, but BTC users should not think that any of them would change so much for us in the BTC network, the U.S wouldn't suddenly start supporting BTC in its decentralized nature nor will they allow mixers and no-kyc services to operate without troubles.

[Churchillvv]

Fronting bitcoin when the mission says something else is very unpleasant to my ears, I don't know how well this candidates use bitcoin in their life or ever used bitcoin in their lifes but for some reason everything starts ringing crypto including bitcoin just for the elections sake, I can't really wait for this election to be over.

Infact from the information @ABCbits just cleared out shows Harris Kamala or whatever they call her is that, she isn't accepting bitcoin directly so she's even trying to hide under the shadows and cast their nets. It will all be over soon.

[adultcrypto]

The linked article cires that a Political Action Committee (PAC) called "Future Forward" which supports the Democratic Party and presidential nominee Kalama Harris, are the ones who are accepting cryptocurrency donations. This should not be confused as the party or campaign itself is accepting cryptocurrency donations. A PAC is essentially a tax exempt organisation which can support political parties. The PAC's choice to accept cryptocurrency does not represent the Democratic parties beliefs or support for cryptocurrency.

Thank you for this explanation because I was a little surprised when I saw the caption. It is no longer news that the present administration have not done so great for bitcoin and miners and Kamala Harris has stated to continue most of the policies of these present administration which I am thinking their stance on bitcoin will be one of those policies. Well, it is politics and politicians will always explore every opportunity to appeal to the interest of voters so I will not be surprise if Harris take a new turn on bitcoin.

[nelson4lov]

Why Bitcoin didn't pump? people always say when government, rich people or popular people accept Bitcoin, it will pump the price! or I guess, Harris is just an average Jane?

Regardless her campaign now accepts Bitcoin or not, it doesn't change the fact she will lose, she's just trying to copy what the other did.

I don't think a donation campaign qualifies in the list of government factors that will facilitate price growth. If she approved policies that will be beneficial to Bitcoin or make it easier for top firms / funds to buy and hold bitcoin. But that's not the case. If anything, the news about the acceptance of crypto for her campaign will not affect the price positively. Even worse, it could spell a negative price impact considering Kamala Harris has been anti-crypto over the years.