Kamala Harris, the Democratic presidential candidate, may struggle to win significant support from the cryptocurrency industry, according to MatterFi CEO Michal "Mehow" Pospieszalski. The primary reason cited is her perceived lack of engagement with the crypto community during her tenure as Vice President.
While Harris has pledged to represent all Americans if elected, she has yet to publicly state her position on digital assets. Pospieszalski argues that billionaire Mark Cuban's endorsement doesn't necessarily indicate strong crypto backing within her campaign. Cuban recently participated in a town hall organized by the newly formed Crypto For Harris group.
Campaign Promises vs. Industry Perception
A senior Harris campaign adviser, Brian Nelson, has stated that Harris will support policies aimed at growing the crypto sector. However, Pospieszalski remains unconvinced, stating that merely mentioning crypto doesn't demonstrate understanding or regulatory competence.
"The Harris campaign appears unprepared, despite having four years to anticipate a potential Biden resignation," Pospieszalski said. He views the campaign's recent actions as vote-seeking rather than genuine engagement with the crypto community.
Pospieszalski also downplayed the significance of Mark Cuban's endorsement, noting that Cuban "seems to endorse whatever is left standing," referencing his previous support for Joe Biden.