- May 26, 2023
- |Bitcoin, Crypto News, Government
Florida Governor Ron DeSantis, who is running for president in 2024, has said that Bitcoin represents a threat to the current regime. In a recent interview, DeSantis said, “The only reason these people in Washington don’t like Bitcoin is because they don’t control it.”
DeSantis’s comments come as the Biden administration has been increasingly critical of Bitcoin. For example, in March, Treasury Secretary Janet Yellen said that Bitcoin is a “highly volatile and risky asset” that could be used for illicit activities. DeSantis, however, argues that Bitcoin is a legitimate form of currency that should be protected. Accordingly, he has said he would oppose government efforts to ban or regulate Bitcoin.
DeSantis’s comments have been met with mixed reactions. Some have praised him for his support of Bitcoin, while others have criticized him for his opposition to government regulation.
Desantis' History With BTC
Ron DeSantis has been a vocal supporter of Bitcoin since he first took office as Florida governor in 2019. He has spoken out against government efforts to regulate or ban Bitcoin and has even proposed legislation that would make Florida a more welcoming place for cryptocurrency businesses.
DeSantis’s support for Bitcoin is not surprising, given his libertarian leanings. He firmly believes in limited government and individual freedom and sees Bitcoin as a way to promote those values. He has also said that he believes Bitcoin has the potential to revolutionize the global financial system.
DeSantis’s support for Bitcoin has been met with mixed reactions. Some have praised him for his willingness to embrace new technology, while others have criticized him for his opposition to government regulation. However, there is no doubt that DeSantis is one of the most prominent supporters of Bitcoin in the political world. In 2023, DeSantis signed a bill into law that prohibits the use of a federal central bank digital currency (CBDC) as money, along with banning the use of foreign CBDCs. Florida was the first state in the United States to pass such a law.
What Do You Think?
It remains to be seen whether DeSantis’s comments will significantly impact the future of Bitcoin. However, his recent statements have certainly sparked a debate about the role of government in regulating cryptocurrency.
What do you think about Ron DeSantis’s comments on Bitcoin? Do you agree with him that Bitcoin represents a threat to the current regime?