Ron Desantis Promises to Protect Bitcoin, Oppose CBDC as President
• Florida governor Ron Desantis has officially announced his candidacy for the US presidency.
• In his announcement, he promised to protect Bitcoin and oppose a CBDC as president.
• He believes that people have the right to hold Bitcoin and transact with it without government interference.
Ron Desantis Announces Presidential Candidacy
Florida Governor Ron Desantis has officially announced his candidacy for the US presidency, promising to protect Bitcoin rights and oppose a Central Bank Digital Currency (CBDC). DeSantis made the announcement on Twitter Spaces with Elon Musk and venture capitalist David Sack on May 24.
DeSantis’ Plans for “Great American Comeback”
DeSantis spoke about his plans “to lead our great American comeback,” which involves tackling issues such as unfettered immigration, spiraling crime, and restoring economic sanity. He argued that these issues are part of an authoritarian left-wing agenda that is overreaching.
Right to Hold & Transact With Bitcoin
In his Twitter space, DeSantis extended his thinking to crypto, touching upon Operation Choke Point 2.0 – which some in the crypto community refer to as a form of government interference in digital assets like Bitcoin. DeSantis argued that people have a right to hold Bitcoin and transact with it without government interference.
Opposition To Central Bank Digital Currencies
DeSantis also took aim at central bank digital currencies (CBDCs), saying they would be “a threat to innovation and freedom” if implemented by governments around the world. He argued that CBDCs could potentially undermine private sector innovations in digital finance while giving governments too much control over citizens‘ finances.
Overall, DeSantis’ official announcement of his presidential candidacy drew positive reactions from many in the crypto community who welcomed his pro-Bitcoin stance on protecting cryptocurrencies from government intervention and opposing central bank digital currencies (CBDCs).