Kamala Harris, the U.S. Vice President and a Democrat presidential candidate, has recently shifted her stance towards Bitcoin (BTC) and other digital assets. Previously known for her critical position on cryptocurrencies, Harris made positive remarks about the sector during a Wall Street fundraising event in Manhattan. In her speech, she emphasized the importance of protecting consumers and investors while fostering innovation in technologies like artificial intelligence (AI) and digital assets. Her comments were welcomed by the crypto community and followed up by a statement from Congressman Ro Khanna.
“You Can’t Be Against Bitcoin and Cryptocurrencies”
In an interview with Fox Business, Congressman Ro Khanna expressed strong support for Bitcoin and digital assets, inspired by Harris’ recent comments. Khanna asserted that opposing Bitcoin and cryptocurrencies would be akin to rejecting essential modern technologies such as smartphones or laptops.
“You can’t be against Bitcoin or crypto. It’s like saying you’re against the iPhone or laptops. It’s just technology,” Khanna explained. He further argued that Bitcoin represents a fundamental technological innovation that goes beyond being just a financial tool. According to Khanna, Bitcoin serves as a modern version of a payment system and a store of value, especially for younger generations.
🚨NEW: Congressman @RoKhanna just told @FoxBusiness he was encouraged by @KamalaHarris’s recent statement saying she would encourage innovative technologies like AI and digital assets.
“Look, you can’t be against Bitcoin or crypto. It’s like saying I’m against the iPhone or I’m…
— Eleanor Terrett (@EleanorTerrett) September 25, 2024
Embracing Innovation for Global Competitiveness
Khanna’s remarks highlight that Bitcoin and cryptocurrencies are not a fleeting trend but an integral part of the evolving digital economy. He also stressed that for the U.S. to remain competitive in the global market, it must embrace these innovations rather than resist them.
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