{"id":21324,"date":"2023-08-19T10:05:47","date_gmt":"2023-08-19T10:05:47","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/elon-musk-praises-pro-crypto-republican-presidential-candidate\/"},"modified":"2023-08-19T10:05:50","modified_gmt":"2023-08-19T10:05:50","slug":"elon-musk-praises-pro-crypto-republican-presidential-candidate","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/elon-musk-praises-pro-crypto-republican-presidential-candidate\/","title":{"rendered":"Elon Musk praises pro-crypto Republican presidential candidate"},"content":{"rendered":"

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X (formerly Twitter) chairman and chief technology officer Elon Musk has praised Vivek Ramaswamy, the young and emerging United States Republican presidential candidate.<\/p>\n

Musk responded<\/a> to a snippet of Ramaswamy\u2019s interview on Tucker Carlson\u2019s Tucker on Twitter\u00a0<\/em>podcast, saying, \u201cVivek Ramaswamy is the youngest-ever Republican presidential candidate.\u201c Musk added, \u201cHe is a very promising candidate.\u201c<\/p>\n

Renowned for his candid opinions on digital finance and cryptocurrencies, Ramaswamy has pushed for a stronger crypto environment within the United States. At the Bitcoin 2023 conference in Miami, he revealed his campaign would receive Bitcoin (BTC) contributions, making him the second presidential contender in the 2024 U.S. election race to endorse BTC.<\/p>\n

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He is a very promising candidate https:\/\/t.co\/bEQU8L21nd<\/p>\n

\u2014 Elon Musk (@elonmusk) August 17, 2023<\/a><\/p><\/blockquote>\n

During the event, Ramaswamy unveiled a QR code that led attendees to a donation portal offering various contribution avenues, encompassing Bitcoin and satoshis. For contributions within the $6,600 limit, qualifying donors would be granted an exclusive nonfungible token (NFT) as a gesture of gratitude.<\/p>\n

Ramaswamy’s choice mirrors the precedent set by Robert F. Kennedy Jr., who became the initial US presidential contender to embrace Bitcoin donations. These actions by political aspirants underscore the rising significance and impact of cryptocurrencies in shaping the financial landscape ahead.<\/p>\n

Related: <\/em><\/strong>Elon Musk says block feature to be \u2018deleted\u2019 on Twitter\/X<\/em><\/strong><\/p>\n

Ramaswamy’s convictions align with the sentiments of the Republican constituency. His surging popularity has brought him into proximity with fellow Republican Ron DeSantis, the Bitcoin-friendly Governor of Florida, in the presidential race.<\/p>\n

Nevertheless, Ramaswamy’s venture into politics is not devoid of hurdles. He currently confronts legal obstacles in the form of two lawsuits initiated by former personnel of Strive Asset Management, a firm he co-established. Allegedly, these employees contend that they were coerced into transgressing securities regulations during their employment at the company.<\/p>\n

Magazine: <\/em><\/strong>Real reason for China\u2019s war on crypto, 3AC judge\u2019s embarrassing mistake: Asia Express<\/em><\/strong><\/p>\n<\/div>\n