Kamala Harris has decided not to speak at the Bitcoin conference

Kamala Harris has decided not to speak at the Bitcoin conference, per CEO David Bailet.

This decision has ignited controversy and debate within the cryptocurrency community, highlighting the complex relationship between the current administration and the digital asset industry.

Bailey shared his thoughts on social media, saying, “No surprise. What can she say to us when she’s actively imprisoning developers, forcing our industry overseas, attacking Proof of Work… it would have been a disaster for her.”

He also claimed that a major Democratic donor had told him privately that Harris refers to Bitcoin as "money for criminals."

"I'm sorry, but you don't get to just screw our industry over for 4 years, push operation choke point, enlist Gensler and Warren as your champions, and then just pretend you're hip with Bitcoin. A major Democrat donor told me Kamala says privately 'Bitcoin is money for criminals,'" he said.

Gemini co-founder Cameron Winklevoss criticized the administration's approach, asserting that they didn't ignore crypto or laugh at it but instead "tried to fight and kill crypto."