Bitcoiners are all in on Trump since Bitcoin '24 but it's risky

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This election could be make or break for Bitcoin. But tying the crypto industry’s fortunes to Donald Trump is a high-stakes gamble.

At Bitcoin 2024 in Nashville, lines wrap around the block. Delays. The crowd awaits. Rumors swirl. Then the music comes on, and much of the audience stands in awe as Donald Trump walks on accompanied by patriotic music.

“There’s no way Kamala Harris could have come here,” I overhear someone comment.

It certainly seems that Bitcoin — or at least its most ardent and vocal US supporters — has become heavily tilted toward the Republican. Gone are the days when the core of enthusiasts described their project as a politically neutral technology.


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