During a Monday night rally in Laconia, New Hampshire, Donald Trump strengthened his opposition to central bank digital currencies (CBDCs).
Trump said, “Vivek wanted this: I will never allow the creation of a Central Bank Digital Currency.” Vivek Ramaswamy, a candidate who supported cryptocurrencies and opposed CBDCs, recently announced that he was suspending his candidature following a poor showing in Iowa. Trump has made similar remarks during previous campaign visits.
He has already declared, “I will stop it from coming to America. This would be a dangerous threat to freedom.” “The federal government would have complete authority over your money under such a currency. You wouldn’t even be aware that your money had been taken by them.
Recently, another opponent of the CBDC, Florida Governor Ron Desantis, also halted his candidature and gave his support to Trump.
In an online video, he declared, “It’s evident to me that the majority of Republican primary voters want to give Donald Trump another chance.” “I will uphold the pledge I signed to support the Republican nominee.”
According to a recent article by Jesse Hamilton, cryptocurrency may likely take a backseat now that DeSantis and Ramaswamy are out of the race.
Despite not being a major problem in the 2024 U.S. presidential race, digital assets have continued to surface as a side topic for Republican contenders. However, given recent candidate withdrawals and Nikki Haley’s lack of attention to the topic, its relevance in conversations may further decline.
However, it was noted last year that one of the most popular themes for DeSantis’ Florida governorship (he was not the Republican primary contender) was CBDCs, indicating that people would be interested in learning more.