Crypto Candidates to Face Off at First Republican Debate: Who Will Win?
• On August 23rd, eight Republican candidates for the 2024 U.S Presidental Election will meet in Milwaukee for their first debate.
• Florida Governor Ron DeSantis and businessman Vivek Ramaswamy are both expected to attend and have expressed their views on crypto-related policies.
• Miami Mayor Francis Suarez, who had previously expressed support for pro-crypto policies, will not be attending the debate.
Republican Presidential Candidates to Debate Crypto Policies
The first presidential debate of the Republican Party for the upcoming 2024 election season is set to take place on August 23rd in Milwaukee, Wisconsin. Eight candidates have been announced as participants in this historic event – with two having made their stance known regarding cryptocurrencies and blockchain technology.
Ron DeSantis and Vivek Ramaswamy: Pro-Crypto Candidates
Florida Governor Ron DeSantis has become an outspoken advocate against central bank digital currencies (CBDCs). If elected President, he has promised to ban CBDCs from being used in the United States due to concerns about giving too much government control over consumer payments. He also signed a bill that largely prohibits federally issued digital dollars from being used within Florida’s borders.
Vivek Ramaswamy is the youngest candidate among those running, at 38 years old, and is making his campaign a “referendum on fiat currency” by allowing Bitcoin donations – which received praise from Elon Musk himself as a “promising” candidate.
Francis Suarez: Absent From the Debate
Miami Mayor Francis Suarez gained popularity in the crypto space by pioneering pro-crypto policies within his city – and even accepted certain paychecks in Bitcoin (BTC). He entered into the presidential race back in June but unfortunately will not be able to attend this upcoming debate due to conflicting scheduling conflicts.
Donald Trump: Not Attending
Former U.S President Donald Trump has publicly stated he will not be attending along with other candidates despite being one of the party frontrunners currently facing multiple criminal indictments related to his alleged role in attempting to overturn the 2020 election results as well as other crimes committed during his presidency.
Conclusion
While it is still unclear if cryptocurrencies and blockchain will be mentioned at this upcoming Republican debate or not, it is clear that some of these candidates have made stances on crypto-related policies should they win nomination for president – possibly paving way for its future acceptance within politics in America’s future political landscape should these individuals get elected into office come 2024.
