Ron Desantis promises to protect Bitcoin and oppose a CBDC as president
Florida Governor Ron DeSantis announced his support for Bitcoin and opposition to central bank digital currencies in announcing his candidacy for president.
Mr. DeSantis formally announced his candidacy for the presidency. twitter space DeSantis has been the frontrunner for the Republican Party since Donald Trump failed to secure re-election in 2020 and his run was widely expected.
Mr. DeSantis spoke of a plan to “lead America’s great comeback.” The plan includes tackling major issues of free immigration, burgeoning crime, and restoring economic health such as supporting Bitcoin rights and reversing the digital dollar.
DeSantis speaks out in defense of Bitcoin
During the hour-long space, Mr. DeSantis mainly spoke about his concerns about what he called the “left-wing agenda,” which he argued was authoritarian and excessive. On his Twitter space, DeSantis extended his own thoughts to cryptocurrencies.
DeSantis touched on what some in the cryptocurrency community have dubbed “Operation Choke Point 2.0”, stating that people have the right to hold and trade bitcoin, and that the government should allow cryptocurrencies He claimed that he was waging war against cryptocurrencies because it was outside his powers.
He expressed concern that Bitcoin may not be able to withstand the hostility of U.S. regulators for another four years.
No to Central Bank Digital Currencies
Ron DeSantis has said that if I become President of the United States in 2024, I will not do a Central Bank Digital Currency (CBDC).
Florida passed a bill last month that would prevent CBDC from being recognized as money in the state. DeSantis said Florida was the first to take a position in the legislative branch.
Senate Bill 7054 aims to protect the rights of Florida residents by prohibiting CBDCs from being treated as money under the Florida Uniform Commercial Code.
The event suffered technical difficulties as the system was unable to accommodate. 600,000 Listeners tune together. It was noted that 2.4 million people listened to the show and the show ranked among the top. Most Popular Twitter Spaces this year.
A post by Ron DeSantis, promising to protect Bitcoin and oppose CBDC as president, was first published on CryptoSlate.