US Govt See Bitcoin as a Threat: Presidential Candidate Reveals

US Govt See Bitcoin as a Threat: Presidential Candidate Reveals

USABitcoin

By Miles

26 Nov 2023 (6 months ago)

1 min read

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Presidential hopeful Vivek Ramaswamy criticizes the US government for not supporting Bitcoin, pointing to Senator Warren's negative views on crypto and possible ban.

US presidential candidate Vivek Ramaswamy claims the government is intentionally holding back from fully embracing Bitcoin as it perceives the cryptocurrency as a threat to its existence. He spoke about this on the 'What Bitcoin Did' podcast, and he also made some comments about Senator Elizabeth Warren's stance against Bitcoin.

Warren, a senator known for her stance against crypto, is pushing for the Digital Asset Anti-Money Laundering Act. Ramaswamy suggests that this bill could lead to the ban of digital assets in the US, reflecting that the government views state power as a higher power than individual rights.

Ramaswamy disagrees with the notion that educating politicians will change their crypto stance, he made it clear that these politicians understand Bitcoin's implications and view it as a threat. He plans to raise the issue of Bitcoin in presidential debates, urging its discussion in the Republican Party.

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