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Ron DeSantis Warns of Bitcoin’s Risk Under Re-Elected President Biden

Florida Governor and U.S. presidential candidate Ron DeSantis said in a conversation with Ilon Musk that if President Biden is re-elected, but bitcoin will be at risk.

Ron DeSantis said he supports bitcoin because the first cryptocurrency represents civil liberties.

And the fact that President Biden’s administration is trying to restrict and control bitcoin is government overreach.

“You have every right to use bitcoin. The only reason Washington doesn’t like bitcoin is because they don’t control it.

Bitcoin is a threat to their power, so they are trying to regulate it and even destroy it,” said the U.S. presidential candidate.

The governor of Florida said that if the current policies of the government continue, Congress will surely try to ban “things like bitcoin.”

DeSantis emphasized that he would “vehemently oppose” such laws. But if Biden is re-elected, there is a possibility that U.S. authorities could hurt or even destroy the first cryptocurrency.

“The current regime clearly wants to eliminate bitcoins.. And if all this goes on for another four years, they will probably end up killing BTC,” the politician believes.

Ron DeSantis also opposed the launch of a state-owned digital currency and said that if he became president, there’s no way he would approve such a project.

He stressed that CBDC would become another means of controlling citizens, which is why he is against the launch of state-owned cryptocurrencies.

Recall that in mid-May, Ron DeSantis signed a law banning the use of the digital dollar in Florida