Chris Curl,
Editor
Oct. 27, 2023
Bitcoin, the revolutionary digital currency, and its underlying blockchain network have taken the world by storm since their inception in 2008, thanks to the enigmatic creator Satoshi Nakamoto.
This global phenomenon has not only disrupted the financial landscape but has also found its way into the realm of politics, with numerous politicians worldwide incorporating Bitcoin into their political agendas and strategies.
Here, I present three presidential candidates from different corners of the world who are championing Bitcoin as a core element of their government plans or are exploring ideas that could usher in a new era for cryptocurrencies.
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View ReportsVivek Ramaswamy
Vivek Ramaswamy, an entrepreneur and prominent Republican candidate in the United States, has emerged as a formidable contender in the 2024 Presidential election. His popularity among Republicans places him second only to former President Donald Trump, according to certain polls. In February 2023, Ramaswamy officially announced his candidacy for the 2024 Presidential race.
During the Mainnet crypto conference in September, Ramaswamy made a significant announcement regarding his intent to establish a comprehensive crypto policy framework. Notably, he affirmed that his campaign is open to receiving Bitcoin donations, a commitment he vocalized at the Bitcoin Conference in May 2023.
In the realm of cryptocurrency regulation, Ramaswamy expressed a strong stance at the conference, advocating that "competition breeds innovation" and asserting that Bitcoin should not be treated as a security.
Javier Milei
Javier Milei, a notable Argentinian economist, currently serves as a Deputy in the Chamber of Deputies of the Argentine Nation and leads the libertarian movement known as La Libertad Avanza. He has emerged as the frontrunner among opposition leaders vying for the Argentine presidential elections scheduled for October 2023. Milei is renowned for his staunch advocacy of libertarianism and Austrian economic principles, gaining popularity not just in Argentina but globally.
One of the core pillars of his political agenda is the dollarization of the Argentinian economy. In this context, Milei has emphasized the importance of dismantling the Central Bank of Argentina, even discussing the potential role Bitcoin could play in this process. However, his precise stance on Bitcoin regulation or promotion, should he be elected, remains a topic under consideration.
Of course, the media is painting Milei as a right-wing lunatic - the usual treatment truly libertarian candidates can expect to receive. The people of Argentina, however, are not so easily swayed as his poll numbers continue to surge.
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View PublicationsIndira Kempis
Indira Kempis currently holds the position of Senator of the Republic in the LXV Legislature of the Congress of the Union, representing the Movimiento Ciudadano party in Mexico. In late August, she declared her aspiration to become the first female Presidential candidate in Mexico, amid internal party disputes over their future direction.
Senator Kempis has garnered recognition among Bitcoin and crypto enthusiasts for her vocal support of the potential benefits of early cryptocurrency adoption in Mexico. She has advocated for a Bitcoin Law similar to that of El Salvador in her country. Additionally, she has actively participated in cryptocurrency-related activities, including completing a certified course on My First Bitcoin in her home province of Nuevo Leon.
Apart from these three prominent figures, numerous politicians across the globe are exploring ways to integrate Bitcoin into their political agendas. Notable individuals like Canada's Pierre Poilievre, the United States' Robert F. Kennedy Jr., Costa Rica's Johana Obando, and Panama's Gabriel Silva are all actively seeking to introduce Bitcoin-related legislation and initiatives in their respective countries. Finally, El Salvador's President, Nayib Bukele, stands out as a pioneer in the realm of Bitcoin politics, having successfully passed a law in 2021 that recognizes Bitcoin as legal tender in his nation.
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Chris Curl
Editor, Daily Profit Cycle