Will 2024 Be the Year America Elects Its First Pro-Bitcoin President?
Portfolio Pulse from David Waugh
The 2024 US Presidential election sees candidates from both parties discussing Bitcoin and Central Bank Digital Currencies (CBDCs) as part of their platforms. Candidates like Robert F. Kennedy Jr., Ron DeSantis, and Vivek Ramaswamy advocate for Bitcoin and oppose CBDCs, while former President Donald Trump and current President Joe Biden have different stances. This marks a milestone in Bitcoin's history as it becomes a legitimate talking point in American politics.
June 09, 2023 | 5:27 pm
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Pro-Bitcoin candidates in the 2024 US Presidential election could change the regulatory landscape for Bitcoin, potentially benefiting American citizens and the cryptocurrency's adoption.
The article highlights that pro-Bitcoin candidates like Robert F. Kennedy Jr., Ron DeSantis, and Vivek Ramaswamy are advocating for Bitcoin and opposing CBDCs. If any of these candidates were to win the election, it could lead to a more favorable regulatory environment for Bitcoin in the US, potentially increasing its adoption and positively impacting its price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100