In the upcoming 2024 US presidential race, two candidates emerged as leading cryptocurrency advocates: Florida Governor Ron DeSantis and Robert F. Kennedy Jr. But only one could become the first Bitcoin president in the US.
These contenders have thrust Bitcoin into the political spotlight, making it a topic of national discourse. But who among them will serve the crypto community better?
DeSantis: A Staunch Advocate for Bitcoin
Governor Ron DeSantis has emerged as a strong supporter of Bitcoin and a critic of Central Bank Digital Currencies (CBDCs). His views echo Bitcoin’s founding principle of decentralization, which starkly contrasts the centralization inherent in CBDCs.
DeSantis has consistently promoted Bitcoin-friendly policies in Florida. In May 2021, he signed legislation defining virtual currency in state statute and clarified that individuals could trade cryptocurrency without a license.
His commitment to a crypto-friendly Florida extends to his budget proposal for 2022, which included blockchain funding for state agencies.
Cryptocurrency seems to be a key pillar of DeSantis’ platform. He champions the importance of decentralized cryptocurrency networks like Bitcoin, arguing against the control a CBDC would give federal governments.
As the 2024 presidential race draws closer, the role of Bitcoin and its influence on the candidates’ platforms will undoubtedly become clearer.
Therefore, the crypto community and the rest of the nation will keenly see how these candidates’ crypto stances evolve in the lead-up to the election and whether one of them will become a Bitcoin president.
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