Harris campaign now accepts Bitcoin

[legiteum]

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.

[SickDayIn]

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.

[hd49728]

The moron will accept anything to win this Election. From policies to accents, she can change everything and says these changes reflect her true values and can contribute great things for her country. She is very faked from ideas to her words and gestures.

The donation acceptance in Bitcoin from Harris won't help Bitcoin adoption too much. Because donators who sends donations to Harris in bitcoin actually adopted and used bitcoin before her announcement. For other people who did not use bitcoin before her announcement, if they want to donate her, they will do it in fiat, cash, whatever and don't have to start to use bitcoin just because of donations to Kamala Harris.

[Don Pedro Dinero]

I don't think it's bad news. Even if it's not her directly accepting the donations, the fact that it's the PAC supporting the Democratic party is a step, plus the fact that the crypto industry is donating to pro-crypto congressional candidates of both parties, as the article says. The best thing that could happen is that both parties end up being pro-bitcoin.

[mindrust]

She will lose anyway so it is good to see her adopting bitcoin while she is on her way out of the office. At least she pretends to be a crypto friendly person in her final moments. We all know she is a hardcore communist who wants to raise taxes and enforce price controls on various goods but this is a step in the right direction. Maybe she will join the Republican Party after this election and get elected in 2028. Never say never. Donald got this one though. Ez Pz lemon squeezy.

[Ambatman]

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.

Who wouldn't want to receive Bitcoin money to boost their campaign?
Accepting as donation is one thing and making favourable policy for it is another
I really can't picture how a person that plans on increasing capital gain tax as well unrealised gain tax going to help investments.
Let the election just come and go
So we can be done with this fake loves. 

[pooya87]

At the end of the day this is still a great advertisement for bitcoin which will help its adoption grow. This is simply one of those things that negates a decade of FUD about bitcoin, specially those calling it a "Ponzi scheme". People (read idiots) who were staying away because of the FUD are now seeing that bitcoin is indeed a currency.

At the same time people should not suddenly become delusional that the government stance toward something they can not control has suddenly changed. When the election is over things will go back to normal and regardless of who wins they will continue putting more restrictions on anything bitcoin related (shutting down mixers, more KYC on CEXes, more censorship enforced on miners, etc).

[adaseb]

Is she doing this because she needs more donations to help her campaign funding or is she only doing this because she saw how Trump is pro bitcoin and it helped his campaign and she wants to gain that market share?

Like Cameron and Tyler said a couple of weeks back, if she wants to be pro Bitcoin and pro Crypto she doesnt need to wait until she wins the election. She can take a stand now and fire Gary Gensler who is bad for the crypto industry. However its been a couple of weeks and not action really taken.

Which shows she is just doing this to buy votes and nothing more.

[yudi09]

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

This is done as a form of support for the candidate whose name has been mentioned. For me from a positive perspective, this is a good signal as a form of their efforts towards Bitcoin even though it is more towards political interests.
Any supporter who supports the candidate from the party can donate in the form of Bitcoin. If I were from the United States, I would not do it because my efforts to donate to him are likely not realized due to the special attention given to Bitcoin after he is elected. That is my concern.

[Helena Yu]

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.

[peter0425]

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.

This is not the politics section so I don’t want to get too political however I wouldn’t call this a great process exactly. We are not yet sure what Kamala Harris actually thinks of crypto and bitcoin. I don’t think I have heard of any plans from her for the cryptocurrency industry.

This to me seems like a move so that she can catch up and level with Trump because Trump also accepts bitcoin. Her team probably thinks they will get more donations from the crypto community this way.

We wouldn’t get process yet until whoever wins the presidency actually makes a difference for the better.

[virasog]

The moron will accept anything to win this Election. From policies to accents, she can change everything and says these changes reflect her true values and can contribute great things for her country. She is very faked from ideas to her words and gestures.

I hope we all know the phrase that "Everything is fair in Love and War" Kamala Harris to launch a bitcoin campaign is only get the support from the voters who are liking Trump on the basis that he is pro-crypto. Attempts like this will have no effect on Trump voters as everyone can see who is changing stances only gain attention and who is crypto guy right from the beginning.

Now Keeping the presidential candidates aside, getting support on bitcoin and other cryptocurrencies from the two big parties can be a significant booster for overall crypto adoption. It may lead to more comprehensive and stable regulatory frameworks and have greater confidence among investors, businesses and developers in the crypto space.

[pooya87]

Why Bitcoin didn't pump?

Because bitcoin is not a pump and dump shitcoin that gets pumped with every slightly positive looking news and get dumped with every slightly negative looking news.
Not to mention that the world does not care that a presidential candidate on the other side of it is begging for donations (like the other candidate who did it before her) to start panic buying bitcoin.

[legiteum]

It's worth pointing out that this news seems to have made some people really angry, and some people somewhat more satisfied, and still others don't think it matters one way or another.

It's obviously good news for our business (you can debate the degree of course), so I suspect the ones here who are happy or neutral want our business to thrive, and/or for Bitcoin and other cryptos to go up in value.

The ones here who are hysterically negative are... not motivated by business considerations .

I really can't picture how a person that plans on increasing capital gain tax as well unrealised gain tax going to help investments.

Her proposal only affects people making more than $400k/year, and unrealized gains for people with over $100 million per year, which makes it essentially a tax only for... billionaires. Oddly, the media, which is controlled by billionaires, isn't covering that fact very consistently, and ordinary investors are being lied to when they are made to feel like they would actually be effected by these proposals, should they every make it into law (which is doubtful since Harris will probably not have a majority in Congress when she wins).

[NotATether]

Trump campaign is using Opennode which accepts Bitcoin donations among other crypto.

Kamala Harris' campaign is using Coinbase Commerce which last time I checked does not even support Bitcoin anymore. So don't be misleading. I literally had to buy a bunch of MATIC in order to renew my domains because my domain registrar also uses Coinbase Commerce (I will never be caught up in ETH gas fees again). It's just Ethereum, Polygon, and their own shitcoin called BASE. Just three networks. Extremely frustrating.

Not that I'm going to donate to either campaign anyway, but it's something worth pointing out.

[Ultegra134]

Is she doing this because she needs more donations to help her campaign funding or is she only doing this because she saw how Trump is pro bitcoin and it helped his campaign and she wants to gain that market share?

Like Cameron and Tyler said a couple of weeks back, if she wants to be pro Bitcoin and pro Crypto she doesnt need to wait until she wins the election. She can take a stand now and fire Gary Gensler who is bad for the crypto industry. However its been a couple of weeks and not action really taken.

Which shows she is just doing this to buy votes and nothing more.

That's the most sensible reason I can think of; she just wants a share of the publicity Trump received due to his statement regarding cryptocurrencies. With that being said, why is this considered good news? I'm not saying it's bad news, but indifferent ones. Does it make much difference that her promotional campaign now accepts Bitcoin donations? That's just another means of receiving money and votes, and why would anyone in the right mind donate their Bitcoin to her campaign? This isn't going to make any difference to cryptocurrencies or to the market.

[Iranus]

Now Keeping the presidential candidates aside, getting support on bitcoin and other cryptocurrencies from the two big parties can be a significant booster for overall crypto adoption. It may lead to more comprehensive and stable regulatory frameworks and have greater confidence among investors, businesses and developers in the crypto space.

It's too early to say both parties are interested in cryptocurrencies. Are they really interested in crypto or are they just lying to gain more support for themselves? We still don't know what their true intentions are so we need to wait until the election is over and see what happens next.

One big difference is that Trump was the one who expressed support for cryptocurrencies from the very beginning of his campaign. Meanwhile, Democratic representatives like Biden and Harris have always shown no interest in cryptocurrencies, but why are they suddenly accepting donations in bitcoin? Is it because they see that they are losing some voters? Or is their purpose to raise funds for the campaign as some have said, and they accept bitcoin even though they have no interest in it?

The fact that they suddenly accept bitcoin donations for the campaign or announce bitcoin support makes me more skeptical than supportive.

[Outhue]

Power struggle, nothing else.

If anyone failed to show that they hate Bitcoin and crypto, it is Kamala and the group of powerful people behind her, alas my crypto people, shouldn't we abandon these people at their games? They knew the power behind Bitcoin and it's community, they are just trying to tap from it is all.

Too obvious.

[Taskford]

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.

They copy what Trump do?

Now this politicians became crypto friendly to? But what happen next after they win? Continue this past action and punish those people who use cryptocurrency. One of pathetic actions made by politicians when they asked for votes. They became hypocrite and became friendly on everything and after they get what they want from people then they easily dump them and continue their personal agenda towards the policies what they are pushing.

Harris camp just see the publicity gotten by Trump when he include Cryptocurrency and want to ride with this situation then hope to get massive attention.

[ABCbits]

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.