The governor of Florida, Ron DeSantis, has announced his intention to run for president in 2024 and has pledged to "protect" Bitcoin if he wins the election.
DeSantis Vows to Protect Bitcoin
The governor of Florida, Ron DeSantis, has announced his intention to run for president in 2024 and has pledged to "protect" Bitcoin if he wins the election. He made his declaration on May 24 in a Twitter broadcast that was attended by Elon Musk and more than half a million listeners. The event was hosted by David Sacks, a venture capitalist.
DeSantis is a staunch supporter of Bitcoin and has criticized the federal government for its lack of clarity and regulation on the cryptocurrency. He has also signed a bill that prevents the use of central bank digital currencies (CBDCs) in the state of Florida. He claims that he has achieved the largest budget surplus in Florida history by cutting state spending and benefiting from federal stimulus payments and high sales-tax revenue.
Bitcoin and CBDCs are increasingly becoming major talking points among multiple candidates for the Presidency of the United States in 2024. Recently, Democratic presidential candidate Robert F. Kennedy gave a speech at the Bitcoin 2023 conference where he explained his support for Bitcoin. Meanwhile, the Biden administration has been pushing for a new tax on Bitcoin miners.
