New release from Ron Desantis, new support for bitcoin (BTC). The Republican candidate for the US presidency is making an exit that should not please supporters of centralization. What if the country was going in the wrong direction? Well if that’s the case, he’s here to set everything right, and his decision could create waves.
Ron Desantis says he will ban CBDCs
The presidential race is launched in the United States and since then, the campaigns are linked. But if everyone has their own program, that of Ron Desantis attracts the curiosity of the crypto community, but not only. Indeed, the Republican candidate affirms that it will ban Central Bank Digital Currencies (CBDC). However, this declaration is subject to conditions, since Desantis should wait to be elected before thinking about it.
Before being a potential candidate for the US presidency, Ron Desantis is above all a pro-crypto. A fervent defender of bitcoin (BTC), the latter presents itself as the key to the survival of digital assets in the United States. Indeed, facing a candidate who openly shows his hostility to bitcoin, Donald Trump, he represents the hope of all supporters of the first cryptocurrency. However, this joy could be short-lived.
When central bank digital currencies are more and more relevant
CBDC issuance is increasingly in the news. Indeed, many governments are considering launching their own cryptocurrency that will digitize fiat. If this alternative seems to correspond to leaders who are wary of bitcoin (BTC) as well as other decentralized assets, this is not the case for the crypto community. However, far from listening to their concerns, CBDC projects are gaining momentum. According to a survey by the Bank for International Settlements (BIS), no less than 24 CBDCs should see the light of day by 2030. In view of all that is to come, Ron Desantis’ statement could be just one Utopia.
Although Central Banks are already working on issuing digital currencies, Ron Desantis does not take this into account. According to his own statements, the United States is going in the wrong direction and he is there to rekindle his former glory. Does this assume that bitcoin (BTC) is the key to getting the country back on track?
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