• Florida Governor Ron Desantis has officially announced his candidacy for president and used the opportunity to express his support for Bitcoin and opposition to central bank digital currencies (CBDCs).
• Desantis made the announcement during a Twitter Space with Elon Musk and venture capitalist David Sack on May 24.
• Desantis plans to tackle immigration, crime, and economic issues including supporting Bitcoin rights and reversing the digital dollar.
Ron DeSantis Announces Presidential Run
Florida governor Ron DeSantis officially announced his candidacy for President of the United States in a Twitter Space with Elon Musk and venture capitalist David Sack on May 24th. In his announcement, DeSantis voiced his support for Bitcoin rights and opposition to central bank digital currencies (CBDCs).
DeSantis‘ presidential platform involves tackling big issues such as unfettered immigration, spiraling crime, restoring economic sanity, supporting Bitcoin rights, and reversing the digital dollar. He believes that what he calls “the left-wing agenda” is authoritarian and overreaching.
During the hour-long Spaces discussion, DeSantis touched upon crypto topics such as „Operation Choke Point,“ which sought to eliminate transactions deemed risky by government regulators. DeSantis also proposed preventing similar initiatives from happening in the future by protecting Americans‘ right to access cryptocurrency services.
Opposition To CBDC’s
DeSantis expressed his opposition to central bank digital currencies (CBDCs), suggesting that they could be used excessively by governments or be subject to inflationary policies that would harm citizens who own them. His stance against CBDCs echoes that of many major figures in the crypto space who have raised similar concerns about their potential impacts on monetary policy.
Overall, Governor Ron DeSantis‘ official announcement of his presidential candidacy included strong statements regarding both Bitcoin rights and opposing CBDCs – a stance that will likely resonate well within the crypto community in particular given its focus on decentralization over centralized control of money supply through government entities.