Bitcoin News Thebittimes.Com

Ron DeSantis, the Floridan Republican Governor, and the US Presidential candidate advocated safeguarding Bitcoin, assuring to protect the rights of individuals to hold and trade crypto currencies if he is elected as the US President. During a Twitter space with the American entrepreneur Elon Musk and the venture capitalist David Sacks, DeSantis promised more than 520,000 live audiences to support them hold their every right for being a crypto trader, adding that crypto is a case of civil liberties. He affirmed that he would “protect the ability to do things like Bitcoin,” as a President. DeSantis strongly criticized the US regulators who restrict the development of digital currencies , claiming: The only reason these people in Washington don’t like it is because they don’t control it. And they’re central planners, and they want to have control over society. And so Bitcoin represents a threat to them. As a governor, DeSantis has proposed to ban the central bank di...

Ben Bernanke, former chairman of the Federal Reserve and also the winner of the 2022 Nobel Prize in economics, has recently blasted the concept of crypto currencies . In an interview with Dagens Nyheter, one of the biggest Swedish journals, Bernanke remarked that crypto currencies have not proven they have any economic value at all. Ben Bernanke Blasts Crypto The demise of certain cryptocurrency companies like FTX, which was one of the largest cryptocurrency exchanges, and also crypto lenders such as Celsius and Blockfi, has made analysts reassess the real contribution that crypto currencies have on the field of economics. Ben Bernanke, one of the most renowned economists and co-winner of the 2022 Nobel Prize in economics for his research on banks and financial crises, recently stated his opinion on cryptocurrency in the wake of the current situation the market is facing. In an interview published by the Swedish journal Dagens Nyheter on Dec. 7, Bernanke stated he does not think ...