Poll shows only 10% of voters support federal cryptocurrency spending, White House clarifies strategic reserve funding sources

Odaily Planet Daily News According to the latest poll by Data for Progress, only 10% of American voters support the Trump administration's increase in federal funding for the development of cryptocurrencies and blockchain. In contrast, 65% of respondents prefer to increase social security spending, and 64% support increasing the Medicare budget. The poll was released when Trump signed an executive order on March 6 to establish a strategic reserve of Bitcoin. The White House later clarified that the reserve funds will come from Bitcoin confiscated by the government, that is, criminal or civil asset forfeiture proceeds, rather than taxpayer funds. The data showed that 45% of respondents want to reduce federal cryptocurrency spending, 29% believe that the status quo should be maintained, and 17% have no clear opinion. In addition, only 20% of voters support increasing AI research and development funds. On the issue of the strategic reserve of Bitcoin, 51% of voters oppose the establishment of the reserve. By party, 59% of Democrats and 56% of independent voters oppose it, while 41% of Republicans support it. Although the Republican Party has vigorously promoted cryptocurrency policies before the 2024 election, the poll results show that voters as a whole are more inclined to support projects advocated by the Democratic Party, such as social security, Medicare, and public education.