{"id":548095,"date":"2023-08-19T17:10:44","date_gmt":"2023-08-19T17:10:44","guid":{"rendered":"https:\/\/uniquehot.com\/?p=548095"},"modified":"2024-06-11T14:39:42","modified_gmt":"2024-06-11T14:39:42","slug":"elon-musk-support-pro-crypto-candidate","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/elon-musk-support-pro-crypto-candidate\/","title":{"rendered":"Elon Musk Shows Public Support For Pro-Crypto Presidential Candidate"},"content":{"rendered":"
X (formerly Twitter) owner Elon Musk is known to have an underlying interest in politics and cryptocurrencies. And this time around, the world\u2019s richest man has showered praises on a pro-crypto candidate.\u00a0<\/span><\/p>\n Elon Musk revealed his admiration for Republican Presidential Candidate Vivek Ramaswamy in response to a clip of Ramaswamy\u2019s appearance on Tucker Carlson\u2019s online show posted on the X platform. In the tweet, Musk <\/span>labeled<\/span><\/a> him \u201ca very promising candidate.\u201d<\/span><\/p>\n This isn\u2019t the first time the world\u2019s richest man has shown public support for a pro-crypto candidate, as Florida Governor Ron DeSantis was meant to announce his presidential bid during a chat with the Tesla CEO.<\/span><\/p>\n Meanwhile, Ramaswamy is known to have taken a pro-crypto stance since the beginning of his campaign. As part of his campaign, he has promised to create a more viable environment for the crypto industry in the US.\u00a0<\/span><\/p>\n The presidential candidate has gone as far as incorporating Bitcoin donations into his campaign funds. During a Bitcoin 2023 conference in May, he <\/span>announced<\/span><\/a> that his campaign committee was \u201cofficially\u201d accepting Bitcoin donations.\u00a0<\/span><\/p>\n Interestingly, another presidential candidate Robert F. Kennedy also announced that his team was accepting Bitcoin donations during this conference.\u00a0<\/span><\/p>\n <\/p>\n Cryptocurrencies have continued to gain more attention in the political sphere ahead of the 2024 US elections. This isn\u2019t surprising, considering that many US voters are said to be actively invested in digital assets.\u00a0<\/span><\/p>\n Last year, a poll conducted by the crypto-focused political group GMI PAC revealed that 44% of US voters own or are considering owning digital assets. As such, it is expected that politicians will be looking to target this group of voters.\u00a0<\/span><\/p>\n Presidential candidates like Ramaswamy and Kennedy have shown their inclination toward crypto. Kennedy, for one, has described cryptocurrency as a \u201csymbol of democracy and freedom.\u201d<\/span><\/p>\n Republican Presidential Candidate Ron DeSantis is another huge fan of Bitcoin. The Governor has promised to end \u201cBiden\u2019s War on Bitcoin\u201d if elected. He also believes every citizen should have the right \u201cto do Bitcoin,\u201d as he mentioned during an X space with Elon Musk.<\/span><\/p>\nElon Musk Compliments Pro-Crypto Ramaswamy<\/h2>\n
Total market cap sees a slight recovery to $1.038 trillion | Source: Crypto Total Market Cap on Tradingview.com<\/a><\/pre>\n
Crypto A Focal Point Ahead Of Next Year\u2019s Elections<\/h2>\n