Bitcoin advocates praised and followed Donald Trump

Last week, former US President Donald Trump made a remarkable crypto promise while campaigning in New Hampshire. He promised never to allow a central bank digital currency (CBDC) if he won the presidential election. In another speech on Monday, he reiterated this promise and thereby paid tribute to an old competitor.

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Trump gives crypto credits to competitors

Last week, Republican and Trump rival Vivek Ramaswamy withdrew from the presidential race. Unable to match the popularity of “The Don”, the Republican has decided to abandon his presidential ambitions for now and urged his supporters to vote for Trump. However, he clearly had an influence on Trump. The former president paid tributes to Ramaswamy.

Trump says Ramaswamy was the only candidate with a clear cryptocurrency Frame in his plans. He also says that Ramaswamy pushed him to look into the issue of CBDCs. Trump then took time to repeat his earlier promise. Last week he said the following about CBDCs and their alleged dangers.

“As your president, I will never allow the creation of a central bank digital currency. Such a currency would give the federal government complete control over your money. They could take your money and you wouldn’t even know it’s gone.”

Support for Trump is increasing

Another of Trump's rivals in the Republican primary, Ron DeSantis, withdrew from the primary on Monday, a few days after Ramaswamy. DeSantis also saw no chance of winning against Trump. DeSantis, like Ramaswamy, is very outspoken about cryptocurrencies, and with the duo's elimination, Trump appears to have adopted some of their cryptocurrency policy.

Trump already has the support of former rivals Desantis and Ramaswamy, but he also received words of praise from the American Congress. Tom Emmer, congressman and major crypto proponent, praised the CBDC promise Trump made in New Hampshire.

“I agree with President Trump; CBDCs pose a serious threat to Americans’ right to financial privacy. I look forward to working with him in the fight against the ever-expanding government surveillance state.”

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