Bitcoin usa 2024 : In a pivotal juncture within the early 2024 presidential election cycle, a panel of eight Republican contenders congregated for a debate on Wednesday evening.
Summary of Events: However, conspicuous by his absence was former President and leading Republican candidate, Donald Trump, who is also known as a significant holder of Ethereum (ETH/USD). Instead, he chose to engage in a pre-recorded interview with former Fox News anchor Tucker Carlson on X (formerly known as Twitter). Notwithstanding an extensive two-hour discussion spanning a range of topics like abortion, Ukraine, Trump’s legacy, and climate change, Bitcoin (BTC/USD) was prominently absent throughout the debate.

Doug Burgum, the governor of North Dakota, Chris Christie, the former governor of New Jersey, Ron DeSantis, who is the governor of Florida, Nikki Haley, the former ambassador to the U.N., Asa Hutchinson, the former governor of Arkansas, Mike Pence, the former vice president, Vivek Ramaswamy, an esteemed businessman, and Tim Scott, a known senator from South Carolina, were to those who authorized for the debate.
The fact that DeSantis and Ramaswamy both actively backed Bitcoin throughout their campaigns is particularly noteworthy. Despite this, the discussion surprisingly left out the topic of this coin, upsetting many who have an interest in cryptocurrency. Why It Holds Significance: DeSantis’s Ongoing Advocacy for Bitcoin
From the inception of his campaign, DeSantis has emerged as a prominent advocate for Bitcoin. His campaign launch event, graced by the presence of Elon Musk, CEO of Tesla and X, highlighted DeSantis’s endorsement of Bitcoin, coupled with a cautionary note about potential challenges should President Joe Biden secure reelection.DeSantis articulated, “The choice to engage with Bitcoin is your fundamental right. The reluctance from Washington towards it boils down to their lack of control over it.”
DeSantis’s perspective extends to his criticism of central bank digital currencies (CBDCs), which he perceives as a concentration of authority within a singular central entity. Notably, he has taken proactive measures to prevent the introduction of a digital dollar within Florida’s boundaries.
Ramaswamy, a notable biotech entrepreneur, has been unequivocal in his stance, categorizing Bitcoin as distinct from a security. Expressing disdain for the Federal Reserve’s attempt to assume a quasi-omnipotent financial role, he vehemently opposed CBDCs. Additionally, he stood against the proposed 30% excise tax on crypto mining, put forth by the Biden administration.
Recent Market Movement: At the time of scripting this piece, Bitcoin’s trading value stood at $26,391, reflecting a 1.79% ascension within the past 24 hours, as reported by BenzingaPro.
You should take part in a contest for one of the greatest blogs on the web. I most certainly will recommend this website!
Your article helped me a lot, is there any more related content? Thanks!
Thanks for sharing. I read many of your blog posts, cool, your blog is very good.
Thanks for sharing. I read many of your blog posts, cool, your blog is very good.