What does DeSantis mean by Bitcoin?

But it’s unclear exactly what DeSantis is referring to with bitcoin, the world’s largest digital asset with a roughly $570 billion market capitalization, considering that Biden-selected SEC Chair Gary Gensler has stated that bitcoin is a commodity, not a security, and thus won’t be regulated like other securities such as stocks and bonds.

Will Ron DeSantis keep bitcoin from 'impending doom'?

Ron DeSantis vows to keep bitcoin from what he claims is impending doom. “Biden’s war on bitcoin and cryptocurrency will come to an end when I am president,” DeSantis said at a Monday campaign event in New Hampshire detailing his economic policy.

What is bitcoinist?

Bitcoinist is the prime source for information about Bitcoin, digital currency and blockchain technology.

Why does DeSantis want a central bank digital currency?

In referring to the Biden administration, DeSantis said “they don't like crypto because they can't control crypto, so they want to put everything in a Central Bank Digital Currency.” How much cryptocurrency will play in the 2024 election cycle is yet to be seen.