Ripple CEO advises Kamala Harris to distance from anti-crypto figures

Ripple Labs CEO Brad Garlinghouse recently urged U.S. Vice President Kamala Harris to distance herself from politicians who hold anti-crypto views.  

This suggestion comes in response to comments made by U.S. Representative Brad Sherman, who disparaged Bitcoin with the term “Skibidi.”  

Garlinghouse believes that Harris’s 2024 presidential campaign could benefit from distancing itself from such figures, especially as President Joe Biden endorses Harris for the Democratic nomination and will not seek re-election.  

Garlinghouse argues that anti-crypto positions could alienate key voters, particularly in the technology and finance sectors.  

As cryptocurrency policies are expected to play a significant role in the 2024 elections, crypto-friendly stances may attract crucial voter segments.  

Historically, the Democratic Party has had mixed reactions to cryptocurrencies, with some members being critical while others, like Senators Cynthia Lummis and Kirsten Gillibrand, have supported the crypto community.  

Harris’s stance on cryptocurrency has been somewhat unclear.  

Her recent decision to decline an invitation to speak at the Bitcoin Conference in Nashville added to the confusion.  

The conference was a prime opportunity for Harris to address the tech community’s concerns and clarify her position on crypto regulations.  

Given her background in Silicon Valley, her absence was seen as a missed chance to engage with an important segment of the electorate.  

The political landscape regarding cryptocurrency is becoming increasingly intricate.  

Former President Donald Trump has used Harris’s absence from the conference as a critique point.  

The growing significance of crypto policy in electoral strategy underscores its importance in the 2024 presidential race.