US Presidential Candidate Ron DeSantis to End Biden’s ‘War on Bitcoin’ if Elected

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US Presidential Candidate Ron DeSantis to End Biden's 'War on Bitcoin' if Elected
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Ron DeSantis – Governor of Florida and one of the Republicans’ presidential nominees – stated that the “war on Bitcoin and cryptocurrency” that Biden’s administration has supposedly waged will cease should he become the next political leader of the United States. 

He also reiterated his hostile stance toward central bank digital currencies, saying such a financial product will not see the light of day if he gets elected.

DeSantis’ Pro-Bitcoin Promise

The US presidential candidate recently presented his economic policy during a campaign event in New Hampshire, paying particular attention to Bitcoin and the digital asset sector.

He vowed that his eventual cabinet will enable Americans to invest in the primary cryptocurrency and the alternative coins. DeSantis also promised to end Joe Biden’s so-called “war on Bitcoin” should he become the 47th President of the States:

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“Biden’s war on Bitcoin and cryptocurrency will come to an end when I become President.”

Ron DeSantis, Source: Business Insider

This is not the first time DeSantis has criticized Biden’s cabinet for its approach to the industry. He claimed in May that every person has the right “to do Bitcoin,” saying the only reason Washington does not support the sector is because they can not control it. 

“I think that the current regime, clearly, they have it out for Bitcoin, and if it continues for another four years, you know, they’ll probably end up killing it,” he added.

Aside from being a Bitcoin advocate, the Governor is a keen opponent of a CBDC. He blasted the monetary product as a tool for surveillance in March this year, proposing legislation in Florida that could oppose its possible launch in the southern state.

He doubled down on his view during his most recent speech, asserting that throwing CBDC into the “trash can” will be among his first duties as President.

Not the Only BTC Fan Within the Candidates

Robert F. Kennedy Jr. – nephew of former President John F. Kennedy – is another presidential nominee who has voiced his support toward the cryptocurrency industry, more specifically, Bitcoin.

The candidate of the Democratic party, who is a HODLer and has purchased 14 BTC for his seven children, promised to strengthen the American dollar by backing it with “real finite assets,” such as bitcoin and certain precious metals. 

“My plan would be to start very, very small: perhaps 1% of issued T-bills would be backed by hard currency: by gold, silver, platinum, or bitcoin, and then depending on the outcome, we would increase that annually,” he explained.

Miami’s mayor – Francis Suarez – also has a chance to become America’s new President. He is an outspoken proponent of Bitcoin, introducing numerous initiatives in the city focused on it. Similar to Kennedy, Suarez is a BTC holder and even became the first US politician to receive his salary in a digital asset instead of fiat. 

Featured Image Courtesy of CNA

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