Bitcoin supporter Ramaswamy quits US presidential race

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Bitcoin (BTC) supporter Vivek Ramaswamy has formally dropped out of the race for the U.S. presidency.

In a publish on Jan. 16, Vivek Ramaswamy publicly endorsed Donald Trump’s candidacy, noting in his departure that the US wants a patriot targeted on America.

Ramaswamy withdrew his candidacy after Trump received the Iowa GOP major. The previous U.S. President acquired 51% of the vote, Florida Governor Ron DeSantis – 21%, and former South Carolina Governor Nikki Haley – 19%.

Ramaswamy has repeatedly said that he’s the one candidate who genuinely understands the blockchain. The politician opposed the mixing of a central financial institution digital foreign money (CBDC), promised to cut back taxes on mining, and criticized the actions of the top of the U.S. Securities and Change Fee, Gary Gensler.

In addition to Ramaswamy, in August 2023, cryptocurrency proponent and Miami Mayor Francis Suarez withdrew his candidacy for the 2024 election after failing to make it previous the GOP debate stage. As mayor of Miami, Suarez made high-profile choices. For instance, he’ll obtain a part of his wage in Bitcoin and help the MiamiCoin (MIA) token challenge. Together with Democratic candidate Robert F. Kennedy Jr., Suarez was among the many few 2024 U.S. presidential candidates supporting cryptocurrencies.

Among the many presidential candidates, solely Robert Francis Kennedy Jr. supports cryptocurrencies. If he wins, he guarantees to make sure the integrity of the rights to make use of and personal Bitcoin.

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