“You’ve got every right to do bitcoin. The only reason these people in Washington don’t like it is because they don’t control it.
They’re central planers, and they want to have control over society. So bitcoin represents a threat to them and so they’re trying to regulate it out of existance.
Look, could Congress enact a statute to ban things like bitcoin under the constitution? They may be able to do, I would oppose that.
I think people should be able to do bitcoin, but Congress has never addressed this in this fashion and for the bureaucracy to just do it on their own and so make it that people can not operate in that space, that’s what we mean when we say we’ve got to return the government to the people.
As president we’ll protect the ability to do things like bitcoin. I think these are people that are sophisticated. They can make decisions. There’s risks involved with it, but let them do that.
I just don’t have an itch to have to control everything that people may be doing in this space and I think that the current regime, clearly they have it out for bitcoin and if it continues for another four years, they’ll probably end up killing it.”
Those are the words of Ron DeSantis, the current governor of Florida who just announced his candidacy to be the next president of the United States.
For the first time in history, the announcement was not made in front of TV, print or radio media, but on Twitter spaces.
The hour long discussion had a bumpy start due to scalability issues. Elon Musk has one hundred million followers and that was squaring with the live Twitter space listeners in a way no amount of servers could handle it.
Once David Sacks took over, the program was smooth and unconventional for a very major and a very realistic presidential candidate.
The Biden administration is accused by some of engaging in a war on crypto, quite a uturn in some ways from the impression his campaign gave during the 2020 election.
Likewise Donald Trump was seen as a freedom fighter, until he showed a very different side in coming out against bitcoin.
DeSantis is the first realistic presidential candidate to directly mention bitcoin while being a presidential candidate.
While for both Biden and Trump their stance was an assumption during the election, DeSantis has given us a very nice word to which we can hold him to: sophisticated.
For those in this industry, the implications of that are clear. For the rest, a major candidate has entered the race, and from what we see, he is a crypto candidate among other things.
His debut on Twitter is a wider statement too. Subtle perhaps, but clear we think, in stating that effectively Silicon Valley backs him.
He appeared next to Elon Musk, who earned praise for standing up for the freedom of speech by buying up the at times censoring Twitter. The lockdowns episode was brought up, furnished with some censorship that occurred during that time, and DeSantis of course was the only one to stand up while Trump was brought in line by Fauci.
That showed independent thinking and courage. DeSantis being almost a millennial may have helped too.
His age perhaps shows in the crypto matter as well. Unlike the grandpas, the United States now finally, after eight long years, has a candidate of the present times, not the 1600s or the 60s.
But of this 2023. So let them do bitcoin he says, they’re sophisticated.
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- Source: https://www.trustnodes.com/2023/05/25/let-them-do-bitcoin-says-ron-desantis
