Ron DeSantis includes Bitcoin in his political campaign, questioning if he is beneficial for crypto.

On May 24, Florida Governor Ron DeSantis announced his candidacy for the United States presidential race. During his announcement, DeSantis promised to lead a “Great American Comeback,” but this provoked accusations of plagiarism from ex-President and fellow 2024 presidential candidate, Donald Trump. DeSantis also gave significant attention to cryptocurrency during his hour-long presentation and promised to protect “the ability to do things like Bitcoin” and fight the “central planners” at Capitol Hill.

Ron DeSantis on #Bitcoin : “I’ll protect the ability to do things like bitcoin. I don’t have an itch to control everything that people may be doing in this space.” pic.twitter.com/j4wRHZACK5

— Jane Adams (@iLoveJaneAdams) May 25, 2023

DeSantis has been consistently supportive of cryptocurrency over the past few years. He even proposed that the state government of Florida allow businesses to pay state fees with cryptocurrencies in the 2022/23 budgetary year. His support for cryptocurrency has been in line with the general enthusiasm for it in the state of Florida, which hosted the “largest-ever” Bitcoin event in Miami in 2021, and even introduced its own cryptocurrency, MiamiCoin, built on the Bitcoin blockchain.

However, DeSantis has also spoken out against the Federal Reserve’s plan to issue a central bank digital currency (CBDC), calling it a “Big Brother’s Digital Dollar.” He has expressed concerns about privacy and freedom, claiming that a CBDC would allow the government to surveil and control the behavior of Americans. In response to this, DeSantis has signed a bill restricting the use of possible CBDCs in Florida.

DeSantis’ stance on cryptocurrency has led to him being characterized as “the choice for crypto enthusiasts in 2024.”

The article discusses the political career of Ron DeSantis, the current governor of Florida, and his potential impact on the cryptocurrency industry. While DeSantis’ anti-statist and pro-market views make him an attractive candidate for some crypto enthusiasts, his political advocacy in other areas, such as climate change, healthcare, and LGBTQ+ rights, have drawn controversy. Despite this, DeSantis’ support for crypto aligns with the relatively pro-crypto stance of the Republican Party, which could widen the partisan divide in the U.S. crypto community. The article concludes by questioning whether fostering stronger ties with the Republican Party is productive for the crypto industry in the long run.

The CEO and co-founder of Ecosapiens, a digital collectibles company backed by carbon, Nihar Neelakanti, believes that the current situation is a reflection of the general political polarization in the US. The crypto industry, which is neutral in its basics and unites a broad spectrum of supporters ranging from liberals to libertarians, seeks any kind of support it can get. DeSantis is not the only candidate who could accumulate crypto voters.

Neekalanti told Cointelegraph, “The good thing is that we now have candidates from both major parties who are supportive of Bitcoin and crypto more generally. If a pro-Bitcoin conservative wins, then there will be many who say this is bad for crypto. But if a pro-Bitcoin liberal wins, many will also say this is bad for crypto. We’re just too politically divided as a nation.”

Dan Nissanoff, the CEO and founder of Game of Silks metaverse, agrees. Speaking to Cointelegraph, he highlighted that the crypto community is still very far from uniting around any single candidate.

At least three candidates appear to have embraced the digital asset economy wholeheartedly: Robert F. Kennedy Jr., Ron DeSantis, and Vivek Ramaswamy. “DeSantis is popular among conservatives, just as RFK Jr. is popular among a seemingly growing number of liberals. It’s nice to see glimmers of bipartisan support for digital assets.”

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The only sure thing at this point is that Biden is likely to be the least popular candidate for crypto enthusiasts.

The optimal choice for someone in the crypto community might come down to two factors, Georgieades explained:

“The first is whether any particular candidate is pro-crypto or not. And, second, how this candidate approaches other hot-button issues facing the country.”