Ron DeSantis’ Promises on Bitcoin, Crypto, Central Bank Digital Currency
During a campaign rally in New Hampshire, Florida Governor and U.S. presidential candidate Ron DeSantis made several promises regarding bitcoin and cryptocurrency, targeting the crypto audience:
- Affirming the freedom to invest in bitcoin and cryptocurrency without being forced to do so
- Pledging to end Biden’s opposition to bitcoin and cryptocurrency once he becomes president
- Reiterating the rejection of the Federal Reserve’s central bank digital currency (CBDC) and promising to discard it on his first day as president
- Highlighting the Fed’s desire for a cashless society and their attempt to eliminate cryptocurrency in favor of a CBDC
- Stating that he signed legislation in Florida to not recognize CBDC, considering it a threat to American liberty
Hot Take: Ron DeSantis is catering to the crypto community by promising to protect their right to use bitcoin and opposing any attempts to control or eliminate cryptocurrency. By rejecting CBDC and emphasizing personal freedom, he positions himself as a candidate favorable to the crypto industry.
