Florida Governor Ron DeSantis, who launched his presidential campaign in a Twitter Spaces event with Elon Muskย (Teslaย &ย SpaceX CEO) on Wednesday evening, stated heโd protect Bitcoinย (BTC) if heโs elected next year.
โI think people should be able to do bitcoin,โ DeSantis stated as 300,000 listeners tuned in. โAs president, weโll protect theย potential to do things like bitcoin.โ
DeSantis, who earlier theseย 30ย days moved to prohibit any kind of a monetaryย authority digitalย currency in the state, stated that Bitcoinย (BTC) represented a threat to โcentral plannersโ that want โcontrol over society.โ He stated any kind of regulation over digitalย currencies should inย theย end be up to Congress, and that heโd oppose any kind of a ban should one ever emerge.
The Republican, who will try and take on previous President Donald Trump in the primary election, hasย expressed support in the past for decentralized digitalย currencies. He acknowledged dangers in the sector but stated that people should be able to make their own decisions.ย
โI just doย not have an itch to have to control everything that people couldย be doing in this space, and I think theย present regime, clearly, they have it out for Bitcoinย (BTC), and if it continuesย for another four years, theyโll probably end up killing it,โ DeSantis said.ย
The comments come as cryptocurrency exchanges such as Coinbaseย Cryptoย exchange have battled Unitedย States regulatoryย authorities, with some warning that regulatory uncertainly in the country mightย propel the industry offshore. Cathie Woodโs Ark Invest wrote earlier thisย comingย week that the country is at danger of losing a leading position in the worldwide cryptocurrency ecologicalย system to countries including the United Arab Emirates, South Korea, Australia and Switzerland.
