• Kamala Harris’s potential choice of anti-crypto Gary Peters as running mate could negatively impact Bitcoin and the broader cryptocurrency market.
• The crypto community is urged to be vigilant and spread awareness about Peters’ anti-Bitcoin stance to influence informed voting decisions.

Organized labor is quietly urging Vice President Kamala Harris to consider Sen. Gary Peters (D-Mich.) as her running mate, according to information obtained by Axios. This is an issue because Michigan is a crucial battleground state for Democrats, and strong union support could make Peters a strategic choice for Harris.

Blockchain researcher Collin Brown shared an important warning with the community in his tweet today, stating to the community not to get fooled as Kamala Harris will reportedly choose Senator Gary Peters as her running mate.

PLEASE DON’T GET FOOLED!

Kamala Harris will reportedly choose Senator Gary Peters as her running mate. He is fully anti-#Bitcoin, #XRP, and crypto, and co-sponsored the Digital Asset Money Laundering Act. Please retweet to spread this information!

At the moment,… pic.twitter.com/00VdrJvV0b

— Collin Brown (@CollinBrownXRP) July 30, 2024

To date, as we discussed in our recent report about Trump’s Masterplan: Bitcoin Strategic Reserve Asset, Fire Gary Gensler, US to Buy 5% of BTC Supply, only Trump plans to start BTC as a strategic reserve and push the US government to buy 1,000,000 bitcoins, which is 5% of the global Bitcoin supply, to combat national debt. Vote wisely if you want to support the growth of crypto and the whole ecosystem!

On the other hand, a Michigan Democratic Party official informed Axios that Peters is interested in the nomination and is actively seeking support. Additionally, several House Democrats from Michigan mentioned to Axios that Peters is being considered.

As detailed in the Axios post today and discusse in CNF Youtube video today, Peters increased his national profile by leading the Democratic Senatorial Campaign Committee after winning a difficult Senate race in 2014.

A senior advisor for Peters told Axios that

the Vice President has many strong options for her running mate, and we want to respect her process.

Rep. Dan Kildee (D-Mich.) emphasized that labor groups strongly favor someone who is pro-union, stating, “Gary fits that definition well.” Rep. Hillary Scholten (D-Mich.) mentioned she heard that Peters is being considered and highlighted his labor connections and role as chair of the Senate Homeland Security Committee.

As of now, Bitcoin (BTC) is trading at $66,546.45, decreased by 4.64% in the past day and 0.21% in the past week, showing that the Bitcoin (BTC) trades were better when the announcement shared by CNF that Trump to Fire SEC Chair Gensler and Make Bitcoin a Strategic Reserve Asset for the US when BTC was at a price of nearly $70,000.00.