Friday, October 4, 2024

Pantera Capital’s Dan Morehead Says US Will Have Rational Blockchain Coverage No matter Who Wins Election

Pantera Capital CEO Dan Morehead thinks the US could have a “rational coverage on blockchain” no matter who wins November’s presidential election.

In a latest publication, Morehead factors to Vice President Kamala Harris’ resolution to say the blockchain sector in a speech final week.

At a marketing campaign occasion in Pittsburgh on September twenty fifth, Harris spoke concerning the significance of the nation’s technological and industrial energy.

“I’ll recommit the nation to world management within the sectors that can outline the following century. We’ll put money into biomanufacturing and aerospace; stay dominant in AI (synthetic intelligence) and quantum computing, blockchain and different rising applied sciences; develop our lead in clear power innovation and manufacturing so the following era of breakthroughs from superior batteries to geothermal to superior nuclear are usually not simply invented however constructed right here in America by American employees.”

Morehead describes the point out of blockchain as “an important coverage leap” for Harris.

“In coverage, that first step is simply so laborious. When you’ve performed it, it’s straightforward to proceed alongside that path. Now I’m assured that whichever candidate wins, america could have rational coverage on blockchain.”

It’s not the one time Harris has talked about the sector: At a fundraiser in New York Metropolis final month, the vp vowed to assist develop investments in digital asset expertise, based on a report from Bloomberg.

“I’ll carry collectively labor, small enterprise founders and innovators and main corporations. We’ll accomplice collectively to put money into America’s competitiveness, to put money into America’s future. We’ll encourage revolutionary applied sciences like AI and digital property, whereas defending our shoppers and buyers.”

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