Elon Musk Praises Pro-Bitcoin Candidate Vivek Ramaswamy

2023-08-20 02:43:14

Elon Musk praised the pro-crypto Republican candidate for the 2024 US presidential elections, Vivek Ramaswamy.
“He is a very promising candidate,” said the billionaire in an X post
Ramaswamy recently asked his supporters to make the 2024 elections a referendum on fiat currency.”
The Republican candidate also announced that he would accept donations in Bitcoin and unveiled a QR code.

Elon Musk, the founder and CEO of Tesla and SpaceX and the chairman and former CEO of X (formerly known as Twitter), has nothing but praises for a pro-crypto Republican candidate for the 2024 United States presidential elections. The entrepreneur, who is widely known for his remarks on US politics, cryptocurrencies, and AI, recently sang praise for the candidate.

In an X post, Elon Musk responded to a snippet of an interview with the candidate, Vivek Ramaswamy, on Tucker Carlson’s Tucker on Twitter podcast, which said that “Vivek Ramaswamy is the youngest-ever Republican presidential candidate.” The billionaire said that “He is a very promising candidate.”

Interestingly, Ramaswamy is well-known for his comments on cryptocurrencies and digital finance. He recently asked his supporters to make the 2024 elections a referendum on fiat currency.” Ramaswamy is one of the multiple Republican candidates that have come in support of Bitcoin and the digital asset sector, as opposed to the Joe Biden administration, which has waged a war against all cryptocurrencies except Bitcoin (BTC).

Elon Musk’s support for Ramaswamy caught the eye of the crypto community on X, which is now talking about the young Republican. Interestingly, at the Bitcoin 2023 conference in Miami, Ramaswamy said that he will accept Bitcoin for donations in his campaign, making him the second candidate to announce support for the world’s largest cryptocurrency in the 2024 presidential elections

He is a very promising candidate

— Elon Musk (@elonmusk) August 17, 2023

Additionally, after the Bitcoin conference, Ramaswamy also unveiled a QR code that would take donors to a portal for donations via Bitcoin. Moreover, for all the donors who donate within the $6,600 limit, they would be given an exclusive nonfungible token (NFT)

Interestingly, Elon Musk revealed in 2021 that his company Tesla holds a significant amount of Bitcoin (BTC), Ether (ETH), and Dogecoin (DOGE). The firm sold a part of its BTC holdings in 2022, but the rest is still intact. The billionaire is also optimistic about the future of Bitcoin, as reported earlier by Bitnation.

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