Bitcoin

Ron DeSantis Vows to End the War on Crypto in America

2 Mins read

Ron DeSantis – the republican governor of Florida who recently threw his hat into the 2024 presidential ring – said that the present commander-in-chief Joe Biden has started a crypto war that will end once he, DeSantis, becomes the next leader of the free world.

Ron DeSantis Vows to Open the Crypto Door as President

During a recent campaign event in New Hampshire, DeSantis pledged his love and loyalty to bitcoin, continuing a string of pro-crypto statements that have emerged from his mouth since he first announced his candidacy a few months back. He commented at the event:

Biden’s war on bitcoin and cryptocurrency will come to an end when I become president.

He also was critical of central bank digital currencies (CBDCs) and said that should they be created and allowed to enter the financial mix, that they would be used to police Americans’ financial habits. He said users could bet their spending would be monitored, and the government (and government-controlled banks) would have all the say in what they could and could not do with their money. He stated:

As president, on day one, CBDC goes into the trash can. We’re not going to allow it.

He has already taken steps to ban CBDC production in his own state of Florida through a new crypto bill designed to ensure they have no place in the Sunshine State. He has stated that Biden and the democrats in control of the U.S. government are terrified of crypto because they cannot control it. Thus, they’re doing all they can to work against the crypto industry and prevent its growth in the U.S. He said:

Bitcoin represents a threat to them. They’re trying to regulate it out of existence.

Anti-CBDC sentiment was also offered by Todd Groth, the head of research at CoinDesk Induces. In a recent statement, he said that CBDCs concentrate power and ultimately give governments around the world more monitoring abilities than they would normally be privy to. He mentioned:

[CBDCs] concentrate power and the determination of who has economic purchasing power to the government[s] issuing [them].

Everything Should Come with a Grain of Salt

It has become clear over the past year or so that democrats truly hate crypto. Thus far, Biden has implemented an infrastructure bill aimed at taking more tax money from crypto traders. He has also sought to implement an Obama-era policy that would shut crypto companies out of the traditional monetary arena, and he’s sought to establish a 30 percent tax on all crypto mining facilities.

But while DeSantis is saying all the right things, one needs to hear them with an ear of caution given there are many accusations that the Florida governor is sponsored by George Soros, a socialist and known enemy of the U.S. that’s busily funding corrupt officials like Manhattan DA Alvin Bragg.


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