Kamala Harris will not be speaking at Bitcoin Conference 2024
Kamala Harris may perchance well now not be talking at Bitcoin Conference 2024
Conference organizer suggests Harris must handle Ross Ulbricht's sentence before partaking Bitcoin neighborhood.
Despite rumors circulating that the Democratic frontrunner for the US Presidential Election 2024, Kamala Harris, can be talking on the Bitcoin Conference in Nashville this week, David Bailey has confirmed that she will be able to now not attend.
David Bailey, CEO of BTC Inc. and organizer of The Bitcoin Conference, confirmed this decision comes amid ongoing discussions about the Democratic Occasion’s stance on Bitcoin, crypto, and blockchain technology.
As Bailey reported on Twitter, his team had been in talks with Harris’ campaign a pair of doubtless appearance on the conference. Alternatively, he later announced that Harris would now not participate, stating it used to be “no shock.”
Bailey urged that Harris’ absence would be due to the the modern administration’s come to crypto law, which has been perceived as adverse by many within the industry.
The Bitcoin Conference organizer also raised the difficulty of Ross Ulbricht’s imprisonment as a doubtless stumbling block for Harris’ engagement with the crypto neighborhood. Ulbricht, the founder of the Silk Freeway darknet market, is at label serving a existence sentence without the likelihood of parole.
He infamous,
“What can she express to us when she’s actively imprisoning builders, forcing our industry in one other country, attacking PoW… it would had been a catastrophe for her.”
For transparency, Ulbricht used to be now not imprisoned below Biden; he used to be sentenced in 2015 when Barrack Obama used to be President. He appealed his sentence twice in 2017 below Donald Trump. In 2018, the Supreme Court docket declined to hear his case.
Bailey argued that commuting Ulbricht’s sentence ought to be regarded as “desk stakes” for any baby-kisser looking out for to handle the Bitcoin neighborhood.
“I gotta be honest, feels care for Kamala may perchance well silent trip Ross Ulbrichtâs sentence before addressing the Bitcoin neighborhood. Thatâs the tables stakes.”
Even though Harris is at label the Vice President and may perchance well be unable to trip Ulbricht’s sentence personally, Bailey perceived to be giving an ultimatum referring to a that that it is doubtless you'll be insist invitation. It is miles unclear at the moment whether or now not this used to be the cause for Harris now not attending the conference or if she declined outright. CryptoSlate has contacted Bailey for confirmation but has now not responded unless press time.
Bailey identified that historical President Donald Trump and fair presidential candidate Robert F. Kennedy Jr. enjoy pledged to trip Ulbricht’s sentence if elected. This dedication has been wisely-got by many in crypto. Donald Trump didn't trip Ulbricht’s sentence for the length of his first term by plot of Presidential pardon but has mentioned he'll fabricate so this time if elected.
The dialogue spherical Harris’ doubtless appearance at The Bitcoin Conference comes at a time when crypto law and adoption have gotten an increasing kind of essential political elements, with 14% of US residents maintaining Bitcoin. Harris’s stance on digital sources remains largely unknown, main to hypothesis about whether or now not a Harris administration would continue the Biden administration’s come or undertake a extra crypto-friendly place.
Meanwhile, other presidential candidates had been extra vocal in supporting cryptocurrencies. Robert F. Kennedy Jr. proposed integrating Bitcoin into US debt administration suggestions and owns over $1 million price of Bitcoin.
Equally, the Trump campaign now not too long within the past began accepting donations for various cryptocurrencies, including Bitcoin and Ethereum. There are also rumors that he would show Bitcoin a strategic reserve asset, although any president would require Congress’s approval.
With Harris’ absence from The Bitcoin Conference, consideration now turns again to Trump and his snort handle to a Bitcoin audience.
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Source credit : cryptoslate.com