Florida Governor Ron DeSantis pledged to protect cryptocurrency from the "current regime."
This stance came to light during a Twitter space conversation with Elon Musk and venture capitalist David Sacks, where DeSantis officially announced his bid for the U.S. presidency.
DeSantis clarified he believes the current regime is coming after Bitcoin.
"The current regime, clearly, has it out for Bitcoin," he stated. "And if it continues for another four years, they’ll probably end up killing it." This statement underscores his belief that people in power may try to stifle the growth and innovation of cryptocurrencies, and he is positioning himself as the protector of these digital currencies.
Coming after banks and institutions
DeSantis has taken concrete steps to protect the crypto sphere as governor of Florida. He signed a bill prohibiting central bank digital currencies (CBDCs) within his state, a move that some legal experts have questioned. DeSantis' reasoning for this? He stated, "I just do not have the itch to have to control everything that people may be doing in this space."
This attitude shows that DeSantis views crypto as more than just digital money—it's a matter of civil liberties. He believes that Bitcoin threatens those in power trying to regulate it out of existence. It's a classic struggle of the people versus the powerful, with DeSantis standing firmly with the people and their right to use cryptocurrencies.
DeSantis is not the first Republican to voice support for crypto. Yet his firm stance against CBDCs and emphasis on congressional authorization for such currencies set him apart. His concerns revolve around the potential misuse of CBDCs to influence politically unfavorable purchases—a perspective that further solidifies his role as a protector against potential overreach by those in power.
Cryptocurrency is becoming a hot topic in Florida and beyond.
Samuel Armes, president of the Florida Blockchain Business Association, noted that DeSantis' office had received more calls about CBDCs than other issues. As we head towards the next election, it's evident that DeSantis is positioning himself as the crypto-friendly candidate.
It's worth noting that DeSantis still trails former president Donald Trump in popularity among Republican and Republican-leaning voters.
However, his bold stance on crypto may well win him supporters in the crypto community and among younger, tech-savvy voters. As the crypto conversation continues to heat up, all eyes will be on DeSantis and his groundbreaking stance on this digital frontier.
Do You want DeSantis to save Bitcoin?
Leave your comment below and share this story on social media.
Comments / 1