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Edited by Ritu13 at 22-12-2023 01:42 PM
Donald Trump
Former U.S. President and Republican frontrunner Donald Trump was absent from the debate. According to financial disclosure documents submitted on August 15th to the U.S. Office of Government Ethics, Trump's Ethereum wallet holds over $2.8 million in cryptocurrency. The disclosure also revealed that Trump earned nearly $4.9 million in licensing fees from a series of NFTs launched by his campaign team. Trump had previously stated in a personal tweet in 2019 that he was "not a big fan of Bitcoin and other cryptocurrencies" and expressed support for the U.S. dollar. With the size of cryptocurrency assets Trump holds, he could almost be classified as a "whale" in the cryptocurrency world, which is an ironic twist for someone who referred to cryptocurrencies as a "scam" and "very dangerous."
Ron DeSantis, Governor of Florida
Florida Governor Ron DeSantis has expressed his support for Bitcoin from the very beginning of his candidacy. During the campaign kickoff event alongside Elon Musk, DeSantis said that if President Joe Biden were re-elected, Bitcoin could be "eliminated." DeSantis stated, "You have every right to use Bitcoin, and the only reason those folks in Washington don't like it is because they can't control it." DeSantis has also criticized central bank digital currencies (CBDCs) and has called this technology a "massive shift of power from individual consumers to central institutions." He has taken action to prevent the introduction of digital dollars in Florida.
Vivek Ramaswamy, Entrepreneur
Vivek Ramaswamy, a 38-year-old biotech entrepreneur, is a supporter of cryptocurrency. He is challenging Florida Governor Ron DeSantis in the Republican primary, vying for the second position, and is one of the richest people under the age of 40 in the United States. According to Forbes, Vivek briefly became a billionaire, but a downturn in the stock market reduced his wealth to slightly over $950 million. He expressed his views on Bitcoin at the Miami Bitcoin conference, saying, "Thomas Jefferson, if he were still around, would mine Bitcoin, I have no doubt. This embodies the American spirit and our human nature." Ramaswamy also stated that Bitcoin is not a security and criticized the Federal Reserve's attempt to play the "god of finance." He also criticized Joe Biden's proposal to impose a 30% consumption tax on cryptocurrency mining. One of his primary goals in the election is to reform the U.S. central bank.
Tim Scott, U.S. Senator from South Carolina
U.S. Senator Tim Scott from South Carolina is a member of the Senate Financial Innovation Core Group, which discusses issues related to digital assets, stablecoins, and CBDCs. He supports cryptocurrency regulation. Tim Scott is also a co-sponsor of the "Equity for All Investors Act," a bill that attempted to define digital assets as investments and modify existing rules concerning accredited investors. He has questioned the absence of Gary Gensler, the chairman of the U.S. Securities and Exchange Commission, in deciding to take action against FTX for failing to act on time, leading to the exchange's collapse in November of last year.
Doug Burgum, Governor of North Dakota
Governor Doug Burgum of North Dakota is not a high-profile supporter of Bitcoin during his campaign, but he has sent several friendly signals to the crypto industry in the past year. While commenting on the construction of a data center in North Dakota last year, he highlighted that the state has become a growing center for cryptocurrency mining. He said, "This significant investment in North Dakota further solidifies our state's increasingly growing reputation as a center for data centers and cryptocurrency mining, and we have the ability to support data centers and other energy-intensive industries."
Candidates with Unclear Positions
Several candidates have not made public comments on cryptocurrency or Bitcoin. These include former New Jersey Governor Chris Christie, former United Nations Ambassador Nikki Haley, former Arkansas Governor Asa Hutchinson, and former Vice President Mike Pence.
Miami Mayor Francis Suarez, who is a known supporter of cryptocurrency, admitted that he did not qualify to participate in the debate after wrongly claiming he was eligible to do so. Suarez has been an advocate for cryptocurrency and has made statements about using Bitcoin to pay salaries if elected president.
In his interview with The Block, Suarez stated that he supports alternative assets like cryptocurrencies, believing they are beneficial to countries like the United States.
(Note: This translation provides an overview of the positions and statements made by various candidates regarding cryptocurrency.) |
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Post time 4-11-2023 09:50:05