Elon Musk Praises The Young Presidential Candidate For The US Republican Party Who Supports Bitcoin

JAKARTA - Chairman and Chief Technology Officer X (formerly Twitter), Elon Musk, praised Vivek Ramaswamy, a young and rising Republican presidential candidate.

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

He is a very promising candidate https://t.co/bEQU8L21nd

— Elon Musk (@elonmusk) August 17, 2023

He is a very promising candidate https://t.co/bEQU8L21nd

Known for his honest opinion on digital finance and cryptocurrencies, Ramaswamy has encouraged a stronger crypto environment in the United States. At a Bitcoin 2023 conference in Miami, he announced that his campaign would accept donations in Bitcoin (BTC), making him the second competitor in the 2024 US presidential election race to support BTC.

During the event, Ramaswamy revealed a QR code that directs participants to a donation portal that offers various contributions. For donations within the $6,600 limit (Rp99.7 million), eligible donors will be given exclusive nonfungible tokens.

Ramaswamy's choice reflects the move by Robert F. Kennedy Jr., who became the first US presidential candidate to embrace Bitcoin's contribution, affirming the growing importance and impact of cryptocurrencies in shaping the upcoming financial landscape.

Ramaswamy's increasing popularity brought him closer to fellow Republic Ron DeSantis, the Governor of Florida who is also Bitcoin friendly.

However, Ramaswamy's move to politics is not without obstacles. Currently, he is facing two lawsuits from former Strive Asset Management employee, the company he co-founded. The employees claim that they are forced to violate securities regulations while working at the company.