Florida Governor Ron De Santis has officially announced that heโs entering theย Unitedย States 2024 Presidential race, poised to be previous President Donald Trumpโs greatest opponent within the Republican primary.ย
Inย contrastย toย Trump, De Santis has pushed pro- cryptocurrency policy numerous times in the past and is staunchly opposed to Monetaryย Authority Digitalย currencies (CBDCs).
De Santis Would Protect Bitcoin
De Santis announced his intendsย to run in a Twitter Spaces alongside the platformโs owner, Elon Musk, on Wednesday. Musk has expressed regret for voting for Joe Biden in the 2020 election, but likewise wasnโt interested in Trump since he desired a โnormal individual for president.โ
Both Musk and De Santis found common ground in their opposition to โwokeโ ideology, and their support for free speech. They likewise happen to both be crypto-friendly, while Trump has repeatedly wasย known Bitcoinย (BTC) a โscam.โ
Andย once requested about his view on cryptocurrenciesย regulatory situation in the United States, De Santis stated that citizens have โevery right to do Bitcoin,โ and would oppose any statute to ban its use.ย
โAs President, weโll protect theย potential to do things like Bitcoin,โ stated De Santis. โI just doย not have the itch to control everything that people couldย be doing in this space.โ
De Santis echoed comments from other crypto-supportive Republicans in agreeing that the Biden Administration is tryingย to kill the cryptocurrency industry in theย Unitedย States through regulation. After a string of regulatorsโ enforcement actions against exchanges, cryptoย stablecoin issuers, and crypto-supportive banks, corporations like Coinbaseย Cryptoย exchange are desperate for clarity on the regulations of the road surrounding cryptocurrency in the United States.ย
โ Theย present regime โ clearly they have it out for Bitcoin, and if it continuesย for another four years, theyโll probably end up killing it,โ he added.
At Bitcoinย (BTC) Miami 2023 pastย week, Democratic Presidential candidate Robert F. Kennedy pledged toย guard citizensโ โinviolable rightโ to hold and use Bitcoin. Miami Mayor Francis Suarez is himself a Bitcoinย (BTC) believer, believing it provides advantages over the fiat currency system.ย
No CBDCs for De Santis
By contrast, the Biden White House has expressed interest in implementing a potential CBDC to โ attract the Unitedย States financial infrastructure into the digital eraโฆ without theย dangers or irrational exuberance brought by cryptocurrency assets.โ
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.ย
โI see it as a substantial transfer of power from individual consumers to a central authority, and I doย not think thatโs good for a free society,โ he said.
