U.S. presidential candidate Vivek Ramaswamy, continues to support Bitcoin via his campaign and has vowed to protect the digital asset from the United States government. The American entrepreneur and millionaire claims that U.S. authorities are “threatened by the existence of Bitcoin.”

In an interview with TheStreet’s Natalie Brunell on November 16, the presidential candidate stated that if Bitcoin becomes more popular, it would create “a threat to the incumbent status of the US Federal Reserve itself” while adding that if he is elected president, his government plans on “staying the heck out of the business of those who are innovating.”

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