Kamala Harris potential choice of anti-crypto Gary Peters as running mate could have a negative impact on Bitcoin and the broader cryptocurrency market. The crypto community is being urged to be vigilant and spread awareness about Peters’ anti-Bitcoin stance in order to influence informed voting decisions.
Organized labor is quietly pushing for Vice President Kamala Harris to consider Sen. Gary Peters (D-Mich.) as her running mate, as Michigan is a crucial battleground state for Democrats. Strong union support could make Peters a strategic choice for Harris. Blockchain researcher Collin Brown has issued a warning to the community about Peters’ anti-Bitcoin views, urging individuals not to be fooled by the potential decision.
According to Brown, Peters is fully against Bitcoin, XRP, and other cryptocurrencies. He co-sponsored the Digital Asset Money Laundering Act, further solidifying his negative stance on the digital asset space. This information is crucial for voters to consider when making decisions that could impact the growth and development of the crypto ecosystem.
Meanwhile, a Michigan Democratic Party official has mentioned that Peters is interested in the nomination and is actively seeking support for the role of running mate. Several House Democrats from Michigan have also highlighted Peters as a contender for the position. Peters has increased his national profile by leading the Democratic Senatorial Campaign Committee and winning a difficult Senate race in 2014.
Labor groups are reportedly in favor of Peters as a running mate due to his pro-union stance. Rep. Dan Kildee (D-Mich.) emphasized that Peters fits the definition of someone who is pro-union, a quality that is highly favored by labor groups. Rep. Hillary Scholten (D-Mich.) mentioned that she heard Peters is being considered for the position and highlighted his connections to labor as well as his role as chair of the Senate Homeland Security Committee.
As of now, Bitcoin is trading at $66,546.45, with a decrease of 4.64% in the past day and 0.21% in the past week. These fluctuations in price could be impacted by the potential selection of an anti-crypto running mate for Kamala Harris. It is important for voters to consider the implications of such a decision on the cryptocurrency market and the overall ecosystem.
