Trump Strategist Outlines How Bitcoin Helped Republicans Win the 2024 Election

Republican Party of Party Chris Lacivita, one of the architects of the winning presidential campaign by US President Donald Trump 2024, pointed to the courtyard embrace of the cryptocurrency of the Crypto currency as Linch for his political return.

Speaking on Thursday at Coinbase Federal State at a Crypto meeting in New York, Lacivita said that the target of the so-called crypto voters helped President Trump in court many supporters, especially those who belong to voter blocks who have traditionally proven to be less likely for GOP candidates.

“One thing we found was that [the crypto voter] He crosses so many different socioeconomic areas and was truly a block of voters who were ready to capture, “Lacivite said, adding that Crypto served as a GOP bridge to connect with African American and Asian-American voters and young people.

Both black and Asian Americans report a larger rate of cryptocurrency owners than their white peers, according to a Pew research report Published in 2024. Data show that 28% of Asian Americans and approximately 20% of adult blacks reported to own cryptocurrencies, compared to only 14% of adult white.

However, both demographic groups have less likelihood that they will align with GOP than white voters.

Eighty-three percent of black voters identified himself with the Democratic Party, while approximately 60% of the Asian-American to the left is leaning, according to another 2024. report From a non -profit organization, Pew Research.

These are “general areas where the Republican Party has failed in years, so [platforming crypto issues] gave us the opportunity to establish a common ground with […] Demographic that we have to expand to be successful, “she admitted lacid.

“We have seen this as a great opportunity to hire people who may not necessarily feel engaged,” he said.

Before President Trump around the face on the crypto currency Such as Bitcoin, who called “fraud” 2021, politicians generally throw digital property as money laundering tools and other illegal financial activities – if mentioned at all.

But the embrace of the crypt of the President Trump community, increased by the aggressive lobbying of digital assets at Capitol Hill, was a turning point for the industry, and perhaps the future of US politics.

Shortly after the Republican presidential candidate first publicly aligned with the crypto community at the end of spring 2024, several signs of the support of the Crypto Community emerged among the legislators.

In July, the GOP explicitly undertook that he would advocate the protection of Bitcoin Rudar and ban the digital currency of the central bank on his platform 2024-first approval of questions related to the Cryptum of Cryptocurrencies on the official platform of the Great Political Party.

To be sure, the invisible hand of the Crypto Industry lobbying has also amazed the awareness of companies and owners of digital assets and support. FAIRSHAKE, Political Action Committee (Aka Super Pac) supported Coinbase and Ripple Labs, have accumulated more than $ 200 million of war chests Distribute among digital legislators last year, making it the largest donor in the 2024 election cycle.

As a result, an Unprecedented number of Republican and democratic Congress candidates They have publicly declared their support for the Crypto Industry in the US election in 2024.

The increasing recognition of digital assets as a matter of greater importance in the US election comes as in the United States -to grow retail curly currency

Twenty -eight percent of Americans hold at least some cryptocurrencies, compared to 15% in 2021, according to a Recent data analysis from the Digital-Privacy Company Security.org. And Robinhood, a trading platform that primarily serves retailers in the US, recently reported that Crypto Trading made up more than 40% of the total revenue from a transaction – a share that has increased in the last few financial quarters.

It also comes because American adults have proven less likely to reward the party loyalty. Nearly half of the US voters identified as independent in 2024, compared to 39% in 2016, according to the Gallup survey data.

Edited by James Rubin