Elon Musk Commends Republican Presidential Hopeful Vivek Ramaswamy, Embracing Cryptocurrency in Campaign
Crypto News – Elon Musk, the CEO of Tesla and SpaceX, has expressed his optimism about Vivek Ramaswamy, a rising star within the United States Republican party who is running for the presidency. Ramaswamy, a young and emerging candidate, has gained the attention and endorsement of prominent figures like Elon Musk.
Musk responded to a segment of Ramaswamy’s interview on the Tucker Carlson’s “Tucker on Twitter” podcast, where he remarked, “Vivek Ramaswamy is the youngest-ever Republican presidential candidate.” Musk went on to commend Ramaswamy by stating, “He is a very promising candidate.”
Ramaswamy is well-known for his candid viewpoints on digital finance and cryptocurrencies, advocating for a more robust crypto landscape in the United States. He made headlines at the Bitcoin 2023 conference held in Miami, where he announced his campaign’s acceptance of Bitcoin contributions. This move positions him as the second presidential contender in the 2024 U.S. election to publicly support BTC.
During the conference, Ramaswamy unveiled a QR code that directed attendees to a donation platform offering various channels for contributions. Donors who contribute within the $6,600 limit would receive an exclusive nonfungible token as a token of appreciation.
Ramaswamy’s decision to embrace cryptocurrency donations follows in the footsteps of Robert F. Kennedy Jr., who was the first U.S. presidential contender to adopt Bitcoin donations. This underscores the increasing significance and influence of cryptocurrencies in shaping the future financial landscape.
Ep. 17 Vivek Ramaswamy is the youngest Republican presidential candidate ever. He's worth listening to. pic.twitter.com/9wGqptHdto— Tucker Carlson (@TuckerCarlson) August 17, 2023
Ramaswamy’s surging popularity has brought him into close proximity with fellow Republican Ron DeSantis, the Bitcoin-friendly Governor of Florida.
However, Ramaswamy’s foray into the world of politics is not without challenges. Currently, he faces legal hurdles in the form of two lawsuits from former employees of Strive Asset Management, a company he co-founded. These employees allege that they were coerced into violating securities regulations during their tenure at the firm.