No Bitcoin Talk In GOP Debate Despite Pro-Crypto Candidates Ron DeSantis And Vivek Ramaswamy

In a pivotal second for the early 2024 presidential election cycle, eight Republican candidates gathered for a debate stage on Wednesday night. 

What Occurred: Nonetheless, notable absences included former President and Republican frontrunner Donald Trump, who can be apparently an Ethereum ETH/USD whale, opted for a pre-recorded interview with former Fox Information host Tucker Carlson on X (previously Twitter). 

Despite the two-hour-long debate masking varied subjects comparable to abortion, Ukraine, Trump, and local weather change, there was no point out of Bitcoin BTC/USD.

The candidates who certified for the talk stage had been Doug Burgum, the Governor of North Dakota; Chris Christie, former Governor of New Jersey; Ron DeSantis, the Governor of Florida; Nikki Haley, former U.N. Ambassador; Asa Hutchinson, former Governor of Arkansas; Mike Pence, former Vice President; Vivek Ramaswamy, an entrepreneur; and Tim Scott, a Senator from South Carolina. 

Curiously, each DeSantis and Ramaswamy have been actively endorsing Bitcoin throughout their campaigns, however the cryptocurrency was not mentioned on the debate, disappointing crypto fanatics.

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Why It Issues:  DeSantis has been a vocal supporter of Bitcoin for the reason that starting of his marketing campaign. 

Throughout his marketing campaign kickoff occasion, which featured Tesla CEO and X proprietor Elon Musk, DeSantis even instructed that Bitcoin would possibly face difficulties if President Joe Biden is reelected.

He acknowledged, “You’ve got each proper to do Bitcoin. The one cause these individuals in Washington don’t like it’s as a result of they don’t management it.” 

DeSantis has additionally criticized central financial institution digital currencies (CBDC) as a focus of energy within the arms of a government. In reality, he has taken steps to stop a digital greenback from being launched in Florida.

Biotech entrepreneur Ramaswamy, made it clear that he doesn’t take into account Bitcoin to be a safety. He criticized the Federal Reserve for attempting to play a “monetary god,” condemned CBDCs, and opposed the Biden administration’s proposed 30% excise tax on crypto mining.