Florida Governor Ron DeSantis officially entered the United States presidential race on May 24.
During a Twitter broadcast hosted by venture capitalist David Sacks, DeSantis pledged to lead a “Great American Comeback,” provoking accusations of plagiarism from ex-President and fellow 2024 presidential candidate Donald Trump.
Among topics like U.S. immigration policy and the supposed prevalence of “critical race theory,” DeSantis gave significant attention to cryptocurrency during his hour-long presentation. He promised to protect “the ability to do things like Bitcoin” and fight the “central planners” at Capitol Hill.
Ron DeSantis on #Bitcoin: “I’ll protect the ability to do things like bitcoin. I don’t have an itch to control everything that people may be doing in this space.” pic.twitter.com/j4wRHZACK5
— Jane Adams (@iLoveJaneAdams) May 25, 2023
DeSantis’ stance on crypto has been fairly consistent over the past few years. Still, his decision to emphasize it again is notable, as was the choice to announce his presidential bid on Twitter in the virtual presence of crypto-adjacent Elon Musk.
This has led to the characterization of DeSantis as “the choice for crypto enthusiasts in 2024,” and there’s little doubt the politician will keep trying to win unanimous support among the community.
A friend of crypto
In 2021, the Florida governor proposed that the state government allow businesses to pay state fees with cryptocurrencies in the 2022/23 budgetary year.
He suggested providing the Florida Department of Financial Services $200,000 of financing to offer local companies the option to pay state fees via crypto, and another $500,000 to explore distributed ledger technology’s potential to maintain motor vehicle records, authenticate Medicaid transactions and detect potential fraud.
Overall, the governor’s stance has matched general crypto enthusiasm in the state. Miami hosted the “largest-ever” Bitcoin event in 2021, while its mayor, Francis Suarez, started accepting his paychecks entirely in Bitcoin.
Miami even introduced its own cryptocurrency, built on the Bitcoin blockchain, dubbed MiamiCoin. Within the MiamiCoin protocol, 30% of all coins mined made their way to a digital wallet designated for the city.
In 2023, DeSantis started engaging in political discussions around crypto more seriously. In March, he held a press conference under the banner “Big Brother’s Digital Dollar,” where he spoke out against…
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