An Alarming Warning From a US Presidential Favorite Raises Concerns About Your Cryptocurrency Investment’s
He’s pulling out his Trump card.
Source — Commons Image Wiki-Media
Ron Desantis is who the Republican party see as Donald Trump but without the drama.
If you cut him open, he’d bleed conservative values.
He’s limited abortion access, waged war on wokeism, expanded gun ownership laws, and restricted sex and gender identity education in public schools.
He’s also launched an all-out assault on Disney.
Under pressure from employees, the Walt Disney Company publicly opposed the ‘Don’t say gay’ bill last year, which now prohibits discussions of sexual orientation and gender identity at school.
You’d think the staff were there to run a theme park, not a glorified activist organisation, but it’s how things are now.
DeSantis retaliated by denouncing Disney as the “Magic Kingdom of woke corporatism.”
As you can see, he’s hugely controversial but also very popular. American politics is immersed in a conflict where press conferences have a sense of theatre you don’t see anywhere else.
Many people dislike DeSantis because of his Hardline conservative policies. The question is, can he appeal to enough Americans outside of Florida to win a national election?
Polls suggest he can’t beat Donald Trump, who’s nicknamed him “de-sinking ship”. A tad easier for media outlets to spell than De-Sanctimonious.
When Ron DeSantis tried to launch himself as a Major Reblucian candidate and the only person who could fix America’s problems, he ironically encountered a series of technical issues on Twitter spaces.
I’m obsessed with Twitter.
It’s the most helpful platform for learning and information, but you’re playing Russian Roulette, launching your campaign there. I don’t care what Elon says; Twitter spaces are unpredictable and temperamental.
Everyone knows that.
But Ron got one thing right. It was his wild card.
He gave a dire warning about your Cryptocurrency investments that’s worth paying attention to.
If You Vote for the Wrong Person, It’ll Be the Beginning of the End for Cryptocurrencies in America.
If you’re a presidential hopeful having a pro-Bitcoin stance is a clever chess move because Americans continue investing in Cryptocurrencies and using digital infrastructure faster than internet adoption despite record inflation, astronomical interest rates, and banking failures.
The numbers are absurd.
According to Ark Invest, by 2030, the number of people using digital wallets will grow by 8% yearly, making up 65% of the world’s population.
Digital wallets might take over more than half of all transactions made, adding $450 billion to the current $1 trillion digital wallet value by 2030.
As of the end of 2022, data shows that people who have owned Bitcoin for more than six months make up 71% of all the Bitcoin available to buy and sell.
About 46 million Americans (roughly 22% of adults) own a share of Bitcoin.
DeSantis will be fully aware of the data and anticipated growing demand for Cryptocurrency, which is a savvy political move against conventional dialogue from politicians.
DeSantis has a clear advantage if there is a rising public demand for Crypto while institutions aim to eliminate it.
An even better outcome will be if people witness significant profits after a DeSantis Crypto endorsement.
In that scenario, Ron would likely garner unwavering support from Crypto voters throughout his political career.
CBDC’s Get A Big Fat No From Ron.
America is going to see a CBDC very soon.
DeSantis is an advocate for freedom.
So much so that he passed a law rejecting the recognition of CBDCs, as other states considered adding it to their commercial code.
He says he’s opposing the idea because the Federal Reserve is attempting to implement it without authorisation from Congress and that a central bank digital currency would significantly infringe upon people’s financial freedoms and privacy.
He’s warned about the potential for the central authority to manipulate and control transactions, leading to a power transfer from individuals to the government.
While there’s no data to understand how people reacted to the sentiment of DeSantis’ comments, the pro-crypto audience on Twitter retweeted the hell out of the Space, garnering 28.6 million views and raising 8 million dollars in campaign funding.
One question posed to DeSantis during the live Twitter Spaces was
Question; “Where do you come down on this? What is your view of Bitcoin and people’s right to hold and Transact Bitcoin?”
Ron DeSantis — Answer — Source
“You have every right to do Bitcoin.
The only reason these people in Washington dislike it is that they don’t control it.
They’re central planners who desire control over society. Bitcoin represents a threat to them. They’re trying to regulate it out of existence.
Could Congress ban Bitcoin under the Constitution? They may be able to, but I would oppose that.
People should be able to do Bitcoin.
We emphasise the need to return the government to the people — our elected representatives who serve as our voice in making these decisions.
As president, I will protect the ability to do things like Bitcoin.
There are risks involved, but let people make their own decisions. I don’t have the urge to control everything in this Space. The current regime has it out for Bitcoin, and if it continues for another four years, they’ll likely end up killing it.”
Final Thoughts
Politicians are masters in the craft of leveraging fear.
No politician is killing Cryptocurrency.
Good luck getting that Genie back in the bottle.
Ron DeSantis’s grim warning to Cryptocurrency investors that the Democrats want to kill Bitcoin could be the fear-stricken message that gets him votes and propels his campaign.
The people want assurances we won’t be a surveillance state that taxes, monitors, and legislates Cryptocurrencies up to the eyeballs.
Removing the possibility of a complete ban is essential.
As a neutral, he earns my vote.