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Pro-Crypto GOP Candidates to Take the Stage in Debate Next Month

Press Releases Crypto News BeInCrypto Pro-Crypto GOP Candidates to Take the Stage in Debate Next Month

Candidates for the Republican nomination for President of the United States will take the stage in Milwaukee on August 23 for the first debate of the Presidential race. Barring unforeseen developments, it is shaping up to be the most-pro crypto debate lineup in United States history.

Currently, Vivek Ramaswamy, an improbable entrant with no previous political experience, is among the most crypto-friendly. The biotech entrepreneur has even accused his debate rival, popular Florida Governor Ron DeSantis, of having a shallow understanding of crypto.

Vivek Ramaswamy: The Most Pro-Bitcoin Presidential Debater?

In a CBS News interview in May, Ramaswamy offered a sweeping vision of a presidency riding high on Bitcoin’s performance.

“The thriving Bitcoin universe should actually better empower me to do what I want to do as the US President. [That is] to stabilize the US dollar as a unit of measurement and put the Federal Reserve back in its place with that as its single mandate,” he said.

According to the same CBS News story, Ramaswamy would put an end to years of legal wrangling by bluntly declaring that Bitcoin is not a security. Its classification as such has been at the heart of furious legal battles between the SEC and exchanges such as Ripple and Coinbase.

In addition to the bullish rhetoric, Ramaswamy has been accepting donations in Bitcoin since May of this year.

However, the tech guru is not a blind cheerleader for crypto. In a podcast episode available on the campaign website, Ramaswamy acknowledged crypto’s complexities. Including how North Korea uses digital currency to fund its ballistic missile program.

Even so, Ramaswamy’s close identification with fintech and digital innovation is a promising sign. One that may well endear him to sophisticated investors fed up with the t

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Author: Josh Adams

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