On Wednesday, May 24, Florida Governor Ron DeSantis launched his US Presidential Campaign on Twitter Spaces along with Elon Musk. With nearly 300,000 listeners tuned in DeSantis said that he would surely protect Bitcoin if elected.
In the primary election, Republican Candidate Ron DeSantis will take on former President Donald Trump. In the past, DeSantis has also shared his support for decentralized cryptocurrencies. While acknowledging the underlying risks, the Florida Governor stated that people should be able to make their own decisions.
While the US and other central banks worldwide have fast-tracked their development of a central bank digital currency (CDBC), Florida Governor Ron DeSantis came lashing out at them.
He believes that CBDCs are not good for Americans and shall be used for surveillance purposes by the Federal government in order to control the financial habits of US citizens. Earlier this month, DeSantis passed a proposed bill to make CBDCs illegal under the Florida Uniform Commercial Code.
He said: “I don’t think Congress would authorize it (CBDC bill). We are trying to protect people from CBDCs in Florida. That would mean a huge imposition on people’s financial freedoms and financial privacy.