Nevada Welcomes Bitcoin and Crypto: Day Two of the America Loves Crypto

By Finance News On Sep 6, 2024

The speakers and performers at the second night of the America Loves Crypto tour were just as impassioned and driven to get out the crypto vote as those from the first night of the tour.

The political figures and crypto industry leaders present at this event, which took place at The Space in Las Vegas, included Sonny Vinuya, Outreach Director for Nevada Governor Joe Lombardo (R); Rudy Pamintuan, Nevada Lieutenant Governor Stavros S. Anthony’s Chief of Staff (R); Nevada State Treasurer Zach Conine (D) and Kate Rouch, Chief Marketing Officer (CMO) at Coinbase, amongst others. Rapper and singer 070 Shake and Las Vegas-based DJ 3LAU performed at the event.

The common threads in the rhetoric of the speakers and performers at the event were that crypto is here to stay, Nevada will be a home for the crypto industry and that the crypto vote matters deeply in Nevada, a swing state with a population of just over 3.1 million in which the 2024 Presidential election vote differential was only 33,516.

Ensuring Victory for Pro-Crypto Candidates in Nevada

“We need to ensure that our policymakers and the leaders we elect are those that embrace what we believe in,” Pamintuan, a crypto investor since 2015, told the audience.

“And so in this coming election cycle, especially here in Nevada, elections are going to be won or lost by 1 or 2 percentage points. That’s about 15,000 to 30,000 votes,” he added.

“When you add up how many people in our state are investors in crypto, that number is far greater than the margin of victory.”

Far greater is an understatement, as 385,000 Nevadans own crypto, according to the Stand With Crypto Alliance. This number was plastered across screens at the event for the entirety of the evening.

“In my business, we always say the market will decide,” began Conine.

“Well, guess what, folks? You’re the market, and your vote matters. Elections in this state are always very close, and they’re not close because everybody votes and both sides are even. They’re close because some people vote, but a lot of people stay home,” he added, before urging those in the audience who weren’t registered to vote to do so while stressing that the crypto vote can sway the ballot in upcoming elections at both the state and federal levels.

Rouch, a resident of Nevada, also issued a call to action from the stage.

“We need you guys this election,” she said.

“It is critically important to figure out where the politicians in your district, in the state, stand on crypto — to really ask them the hard questions — and to tell your friends and family to get out there and vote.”

Nevada as a Home to the Bitcoin and Crypto Industry

“Las Vegas is a city of opportunity — above and beyond the casino floors,” shared Vinuya from the stage.

“Nevada is home to an emerging center of technology and financial innovation, entrepreneurship, and economic growth,” he added before citing that the Governor’s Office of Economic Development facilitated…