Coinbase: Texas ready to support pro-crypto politicians
Coinbase: Texas ready to support pro-crypto politicians
Recent research has shown that for many Texas voters, the issue of legalizing and promoting cryptocurrency is a hot topic when it comes to choosing a presidential candidate.
According to Coinbase, Texans intend to vote for leaders who are willing to harness the potential of cryptocurrency to modernize the financial system, positively impact society, and ensure that the US remains a global financial leader.
According to Morning Consult, 21% of Texas adults (approximately 4.7 million people of voting age) own cryptocurrency.
Additionally, a significant portion (39%) are 18- to 34-year-olds, mostly with incomes of $75,000 or less, who see cryptocurrency as a path to innovation and equality.
However, the majority of Texas youth are dissatisfied with the current financial system and are in favor of systemic reform. More than 60% believe the current financial system is skewed in favor of powerful interests, and 85% say the system needs to be changed.
Three out of four respondents believe in the potential of cryptocurrency to open up economic opportunities and that digital assets and blockchain have a positive impact on society.
The results are proof that crypto voters are overwhelmingly willing to participate in elections and support politicians and candidates who see cryptocurrency as critical to the future of US finances and financial leadership.
They are also willing to vote for candidates who are willing to grow the crypto industry, which can create jobs and economic inclusion for future generations.
"This trend underscores the growing need for policymakers to embrace cryptocurrency and blockchain initiatives in order to remain relevant and responsive to the changing priorities of their constituents," Coinbase said in a blog post.
It's worth noting that Coinbase remains committed to its goals of creating a financial system that reflects the exchange's principles: economic freedom, individual empowerment, financial capability, innovation, rule of law, and security.
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