Elon Musk praises pro-crypto Republican presidential candidate


X (previously Twitter) chairman and chief know-how officer Elon Musk has praised Vivek Ramaswamy, the younger and rising United States Republican presidential candidate.

Musk responded to a snippet of Ramaswamy’s interview on Tucker Carlson’s Tucker on Twitter podcast, saying, “Vivek Ramaswamy is the youngest-ever Republican presidential candidate.“ Musk added, “He is a really promising candidate.“

Renowned for his candid opinions on digital finance and cryptocurrencies, Ramaswamy has pushed for a stronger crypto surroundings inside the United States. At the Bitcoin 2023 convention in Miami, he revealed his marketing campaign would obtain Bitcoin (BTC) contributions, making him the second presidential contender within the 2024 U.S. election race to endorse BTC.

During the occasion, Ramaswamy unveiled a QR code that led attendees to a donation portal providing numerous contribution avenues. For contributions inside the $6,600 restrict, qualifying donors could be given an unique nonfungible token.

Ramaswamy’s alternative mirrors Robert F. Kennedy Jr., who turned the primary U.S. presidential contender to embrace Bitcoin donations, underscoring the rising significance and influence of cryptocurrencies in shaping the monetary panorama forward.

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Ramaswamy’s surging recognition has introduced him into proximity with fellow Republican Ron DeSantis, the Bitcoin-friendly Governor of Florida.

Nevertheless, Ramaswamy’s enterprise into politics will not be with out hurdles. He at present faces two lawsuits from former staff of Strive Asset Management, a agency he co-founded. The staff declare they had been coerced into breaching securities rules whereas employed on the firm.

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