"Bitcoin is the money of criminals." This statement, which is suspected to be a private statement by Harris, has recently caused heated discussions on X, and thousands of netizens have posted articles criticizing it.
Did Harris actually say this? What is her stance on cryptocurrencies?
In the past few hours, US Democratic presidential candidate Kamala Harris has sparked widespread discussion in the community after she privately stated that "Bitcoin is the money of criminals". Thousands of tweets quoted this sentence and severely criticized Harris.
Did she really say that? And what is her stance on cryptocurrencies?
A tweet sparked heated discussion in the cryptocurrency circle
According to the analysis, this sentence originally came from a tweet by David Bailey, CEO of Bitcoin Magazine and organizer of the Bitcoin Conference.
After confirming that Harris would not attend the Bitcoin Summit in Nashville, Tennessee from July 25 to 27, he wrote in a tweet on the 24th:
“I’m sorry, but you can’t screw up our industry for four years, drive operational bottlenecks, have Gensler and Warren as your champions, and then pretend you love Bitcoin.
Some Democratic donors told me Harris privately said ‘Bitcoin is criminal money.’”
However, Bailey did not reveal the name of the person who told him this, and there is no credible source on the Internet to confirm the fairness of this statement.
Some even believe that Bailey was mad at Harris for not attending the Bitcoin conference and expressed his frustration in the form of this tweet.
After fermenting on the Internet, people began to quote his tweets and add their own opinions.
US Republican presidential candidate Trump has confirmed that he will attend this Bitcoin summit and deliver a 30-minute speech.
Harris’ past stance on cryptocurrencies
As for Harris's stance on cryptocurrencies, we still don't know much about her stance on cryptocurrencies because she rarely made public statements on them in the past, and her financial information also shows that she and her husband have not invested in cryptocurrencies, and their main investments are in government bonds and emerging markets.
Still, less than two days after announcing her presidential run, the Harris team appears to have stepped up its understanding of cryptocurrency.
According to Decrypt, her advisory team has consulted with Bitcoin enthusiast and billionaire Mark Cuban on cryptocurrency policy.
Cuban revealed that Harris' team asked several questions about cryptocurrency, showing great interest.
He also pointed out that although Harris has not yet made a public statement, as a former San Francisco politician, she is considered to be closer to the interests of Silicon Valley and the technology industry than Biden.
Harris meme coin soared 100 times in three months
On the other hand, according to Coingecko, the unofficial Kamala Horris meme coin (KAMA) on Solana has skyrocketed 10,000% in the past three months, rising from $0.0003216 to $0.0319.
At the end of March, KAMA’s market cap was less than $100,000. Today, KAMA is only 15% away from surpassing TREMP (Doland Tremp is Trump’s concept meme coin).
In the first week of June, TREMP’s market cap reached $150 million. As of press time, TREMP’s market cap is $43 million and KAMA’s market cap is $38 million.
Meanwhile, the market capitalization of BODEN (Jeo Boden for Biden-themed meme coin) has fallen 98% from $650 million in April to $11.1 million currently.