Florida Governor Ron De Santis has officially announced that he’s entering the United States 2024 Presidential race, poised to be previous President Donald Trump’s greatest opponent within the Republican primary.
In contrast to Trump, De Santis has pushed pro- cryptocurrency policy numerous times in the past and is staunchly opposed to Monetary Authority Digital currencies (CBDCs).
De Santis Would Protect Bitcoin
De Santis announced his intends to run in a Twitter Spaces alongside the platform’s owner, Elon Musk, on Wednesday. Musk has expressed regret for voting for Joe Biden in the 2020 election, but likewise wasn’t interested in Trump since he desired a “normal individual for president.”
Both Musk and De Santis found common ground in their opposition to “woke” ideology, and their support for free speech. They likewise happen to both be crypto-friendly, while Trump has repeatedly was known Bitcoin (BTC) a “scam.”
And once requested about his view on cryptocurrencies regulatory situation in the United States, De Santis stated that citizens have “every right to do Bitcoin,” and would oppose any statute to ban its use.
“As President, we’ll protect the potential to do things like Bitcoin,” stated De Santis. “I just do not have the itch to control everything that people could be doing in this space.”
De Santis echoed comments from other crypto-supportive Republicans in agreeing that the Biden Administration is trying to kill the cryptocurrency industry in the United States through regulation. After a string of regulators’ enforcement actions against exchanges, crypto stablecoin issuers, and crypto-supportive banks, corporations like Coinbase Crypto exchange are desperate for clarity on the regulations of the road surrounding cryptocurrency in the United States.
“ The present regime – clearly they have it out for Bitcoin, and if it continues for another four years, they’ll probably end up killing it,” he added.
At Bitcoin (BTC) Miami 2023 past week, Democratic Presidential candidate Robert F. Kennedy pledged to guard citizens’ “inviolable right” to hold and use Bitcoin. Miami Mayor Francis Suarez is himself a Bitcoin (BTC) believer, believing it provides advantages over the fiat currency system.
No CBDCs for De Santis
By contrast, the Biden White House has expressed interest in implementing a potential CBDC to “ attract the United States financial infrastructure into the digital era… without the dangers or irrational exuberance brought by cryptocurrency assets.”
Similar to Republic Congressmen Tom Emmer and Ted Cruz, De Santis is outright opposed to CBDCs. He introduced legislation in March to ban any such technology from being used in Florida.
“I see it as a substantial transfer of power from individual consumers to a central authority, and I do not think that’s good for a free society,” he said.