Bitcoin News and Finance
Florida Governor Ron DeSantis Joins US Presidential Race, Promises to Protect Bitcoin Skip to main content

Florida Governor Ron DeSantis Joins US Presidential Race, Promises to Protect Bitcoin

Sleeping Bitcoin Wallet Awakens: $3.7M Worth of BTC Suddenly Moves After Close to 12 Years of Dormancy Florida Governor Ron DeSantis Joins US Presidential Race, Promises to Protect Bitcoin

During a virtual discussion with Twitter’s proprietor Elon Musk on Wednesday, governor Ron DeSantis of Florida declared that he is throwing his hat into the ring for the presidency of the United States in 2024. DeSantis will confront the reigning president Joe Biden in addition to the existing presidential candidates: Donald Trump, Robert F. Kennedy Jr., Nikki Haley, and Vivek Ramaswamy.

DeSantis Reveals Presidential Aspirations

Florida’s incumbent Republican governor, Ron DeSantis, has set his sights on the presidency, announcing his candidacy for the next U.S. election. Challenging the current Democratic leader, Joe Biden, DeSantis revealed his political ambitions during a Twitter Spaces event alongside Elon Musk. Taking to Twitter, DeSantis further emphasized his intentions, declaring, “I’m running for president to lead our great American comeback.” The Florida governor also shared a video that says:

Our border is a disaster. Crime infests our cities. The federal government makes it harder for families to make ends meet. And the president flounders.

Unsurprisingly, DeSantis’ decision to unveil his presidential aspirations alongside Elon Musk on Twitter Spaces drew its fair share of criticism. To make matters worse, technical hiccups and sudden livestream disruptions plagued the event, rendering parts of the announcement nearly unbearable to endure. Addressing Musk, the determined candidate asserted, “American decline is not inevitable, it is a choice, we should choose a new direction — a path that will lead to American revitalization.”

The Republican’s Twitter event with Musk follows the footsteps of Democratic contender Robert F. Kennedy Jr. and Republican hopeful Vivek Ramaswamy, both announcing their acceptance of bitcoin (BTC) for campaign contributions. While DeSantis currently does not accept bitcoin, he has expressed positive sentiments toward the technology, setting him apart from Biden and Trump. In fact, he has voiced his support for implementing a Florida-based system that harnesses the potential of cryptocurrency assets for paying state fees on two separate occasions.

At the end of December 2021, DeSantis introduced his “Freedom First Budget,” outlining plans to establish a dedicated department in Florida for handling state fees using cryptocurrency assets. By March 2022, DeSantis provided an update, expressing his team’s efforts in exploring avenues to enable businesses to settle their tax obligations with bitcoin (BTC). At that time, DeSantis asserted:

There’s a difference between a decentralized digital cryptocurrency like bitcoin and what some are talking about doing at the federal level to convert U.S. dollars into basically a digital currency.

Another Four Years of Biden Could End up Killing Bitcoin, Says DeSantis

In addition to his comments about bitcoin, the governor of Florida has taken a bold stance by prohibiting the use of central bank digital currencies (CBDCs) within the state. Defending this decision, DeSantis highlighted the potential risks associated with CBDCs, emphasizing concerns about invasions of privacy and centralized control over individuals’ financial transactions. The legislation enacting Florida’s CBDC ban is set to go into effect on July 1, 2023, as outlined in the legislation’s summary. During the Twitter Spaces conversation, DeSantis said that he would fight against a CBDC on the national level if he was president.

DeSantis promised to protect people’s rights to use bitcoin (BTC) and he believes another four years of Biden will hurt the leading crypto asset. “Bitcoin represents a threat to them,” DeSantis said. “They’re trying to regulate it out of existence. The current regime they have it out for bitcoin. And if it continues for another four years, they’ll probably end up killing it.” The politician from Florida continued by asserting that America was veering off course and heading down a misguided path.

“We know our country’s going in the wrong direction. We see it with our own eyes. And we feel it in our bones. Our president, while he lacks vigor, flounders in the face of our nation’s challenges and he takes his cues from the woke mob,” DeSantis said during the Twitter Spaces event.

What are your thoughts on governor Ron DeSantis’ entry into the U.S. presidential race? Share your opinions and insights in the comments section below.

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl...
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju...
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and...
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r...
Post a Comment
Read more
Blogarama - Blog Directory