Monday, December 2, 2024

Elon Musk praises pro-crypto Republican presidential candidate

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X (previously Twitter) chairman and chief expertise officer Elon Musk has praised Vivek Ramaswamy, the younger and rising United States Republican presidential candidate.

Musk responded to a snippet of Ramaswamy’s interview on Tucker Carlson’s Tucker on Twitter podcast, saying, “Vivek Ramaswamy is the youngest-ever Republican presidential candidate.“ Musk added, “He’s a really promising candidate.“

Famend for his candid opinions on digital finance and cryptocurrencies, Ramaswamy has pushed for a stronger crypto surroundings inside the US. On the Bitcoin 2023 convention in Miami, he revealed his marketing campaign would obtain Bitcoin (BTC) contributions, making him the second presidential contender within the 2024 U.S. election race to endorse BTC.

Through the occasion, Ramaswamy unveiled a QR code that led attendees to a donation portal providing varied contribution avenues. For contributions throughout the $6,600 restrict, qualifying donors can be given an unique nonfungible token.

Ramaswamy’s alternative mirrors Robert F. Kennedy Jr., who grew to become the primary U.S. presidential contender to embrace Bitcoin donations, underscoring the rising significance and influence of cryptocurrencies in shaping the monetary panorama forward.

Associated: Elon Musk says block feature to be ‘deleted’ on Twitter/X

Ramaswamy’s surging reputation has introduced him into proximity with fellow Republican Ron DeSantis, the Bitcoin-friendly Governor of Florida.

Nonetheless, Ramaswamy’s enterprise into politics is just not with out hurdles. He at present faces two lawsuits from former workers of Try Asset Administration, a agency he co-founded. The staff declare they have been coerced into breaching securities laws whereas employed on the firm.

Journal: Real reason for China’s war on crypto, 3AC judge’s embarrassing mistake: Asia Express