Categories: Market Overview

Survey: Crypto Investors Favored Hillary in 2016, But Crypto Whales Voted Trump

A recent survey of the political affiliations among cryptocurrency investors found that crypto owners voted for Hillary Clinton over Donald Trump by a wide margin in the 2016 election. 46% of survey respondents said they voted for Hillary in 2016.

President Trump trailed far behind his Democratic rival in the survey, with 34% reporting they voted for the president. The actual popular vote percentages for Hillary and Trump were 48% and 46% respectively.

So these survey results show a dramatic skew toward the left among voters who own cryptocurrencies like bitcoin, ether, Ripple, and EOS. The survey was conducted by the creators of Clovr, an iGaming and eSports token geared to mainstream adoption. Respondents were 70 percent male, 29.5 percent female, and 0.5 percent “other.”

It may not be entirely surprising that crypto owners lean to the left. Cryptocurrency is after all, a product of the information tech industry, which skews heavily Democratic. Younger people are also more likely to own crypto, and heavily favor Democrats over Republicans. Wright even says he was surprised there weren’t more Hillary supporters among crypto investors: Since the tech industry has historically been left-leaning, one might expect cryptocurrency owners to be younger and progressive. Because of this, it was surprising to see a significant percentage who did vote for Trump.

On the issues, those that hold cryptocurrencies are also more progressive. 57% don’t support building a border fence between the US and Mexico, while 29% do. Only 13% disagree with legalizing marijuana, while 72% support it. 62% of crypto investors support more restrictions on firearms purchases, while 22% oppose it.

Survey: Crypto Investors Favored Hillary in 2016, But Crypto Whales Voted Trump, CCN, Nov 19
The FxPro News Team

This team of professional journalists announces the most interesting and influential articles from the major financial media as a brief summary. All such news may have sufficient potential to affect the course of trading assets.

Share
Published by
The FxPro News Team
Tags: Crypto

Recent Posts

A slightly weaker CPI was not enough to break through the highs

US CPI data a bit softer than forecasts, sparking brief market optimism, but resistance remains.…

3 hours ago

Pro News Flash: Global Tensions Fuel a Fresh Oil Rally

🛢️ Oil prices are finding fresh strength as geopolitical tensions in the Middle East reignite…

3 hours ago

Crude Oil counteracts

Middle East tensions and Venezuelan supply shifts drive Brent crude volatility, with geopolitical risks and…

7 hours ago

Crypto market grows with risk appetite in stocks

Crypto market edges up as risk appetite returns; Bitcoin and Ethereum recover, despite investor caution…

8 hours ago

The yen returned to the Takaichi trade

The dollar resumed its growth after the lawsuit against the Fed chairman. Rumours of early…

9 hours ago

Nat Gas Current situation #tradelikeapro #trading #natgas #tradingstrategy #tradingshorts

Today is Tuesday, the 13th of January, and we will talk about the natural gas…

10 hours ago

This website uses cookies