Voters Are Worried About Crypto’s Impacts on Local Economies and Politics
By Anika Dandekar
Cryptocurrency has rapidly grown into a major industry and is increasingly intertwined with politics. While President Donald Trump has promoted crypto expansion and uptake, critics have highlighted crypto’s potential risks and harms.
New Data for Progress polling finds voters across parties are concerned about potential consumer losses, harms to the broader economy, and the industry’s growing political influence.
The survey asked voters whether they believe that increased adoption of cryptocurrency will harm local economies, as decreased traditional deposits limit credit availability, or that it will help local economies, by creating new means of decentralized financial independence. A strong majority of voters…
