TechFlow news: At the Bitcoin 2024 conference in Nashville, Fred Thiel, Chairman and CEO of MARA (formerly Marathon Digital Holdings), said that the main threats facing cryptocurrency will still come from energy policy and banking.
Thiel predicted that under a Trump administration, Bitcoin mining could thrive; whereas under a potential Kamala Harris administration, the direction of energy policy remains unclear.
Jason Les, CEO of Riot Platforms, expressed skepticism that a Kamala Harris administration would adopt pro-crypto policies, believing her stance might not significantly depart from the current administration's anti-crypto position.
With Biden withdrawing from the 2024 presidential race, Vice President Kamala Harris is widely expected to become the Democratic Party's frontrunner for 2024. While Kamala Harris has not yet revealed her stance on cryptocurrency, investor Mark Cuban described her attitude toward the crypto industry as "far more open than commonly perceived."
In the meantime, former President Trump continues to brand himself as the "crypto president," pledging to protect self-custody and U.S. Bitcoin mining.
