Why Francis Suarez, the pro-Bitcoin candidate, is dropping out of the US presidential race


No Bitcoin at the Oval Office. The race to american presidential of 2024 has been underway for a few weeks now, and the first televised debate between the Republican candidates has set the tone for the fierce campaign to come. We already knew Donald Trump wouldn’t be there, but that’s theabsence of another candidate who greatly disappointed American crypto fans: that of Francis Suarez. The mayor of Miami had announced his candidacy. However, in the last hours before the event is held, it n / A able to fulfill the necessary conditions. The one who presented himself as a convinced bitcoiner had raised many hopes with the crypto community across the Atlantic, by multiplying statements favorable to the intention of Bitcoin. Unfortunately for those who believed in him, his short campaign ends there. Direction Miami for more explanations.

The mayor of Miami had become the darling of the American crypto community

When we open our archival closet, we find years of declarations of Francis Suarez about cryptocurrencies, more specifically Bitcoin. In 2021, he already admitted to surprised journalists that he was buying BTC and that he was planning to acquire some ETH. Later, he created the event, declaring that he wanted to convert his salary mayor in bitcoins to prepare for retirement. In a slightly different register, but still cryptophile, he also launched his city in the project CityCoin and created the MiamiCoin to finance social projects.

Recently, it was by announcing that it would be Republican primary candidate that it aroused a surge of sympathy andhope within the cryptosphere American. At least, for those leaning on the Republican side. We will not return here to American domestic politics, nor to the community debates that polarized his candidacy designated as that of the first Hispanic-American. Indeed, what interests us is his side Bitcoin maximalistnot his – questionable – positions on abortion, China or his political adversaries, such as Ron DeSantis.

Beginning of the message that Francis Suarez published on social networks – Source: X

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Francis Suarez’s presidential ambitions come to a halt just before the first televised debate

But his presidential adventure suddenly interrupted on the eve of the first televised debate between the various candidates of the American right. He has not could not complete the terms necessary for its participation, particularly in terms ofvoting intentions. After a few days of reflection, he published a long message on social networks to thank those who believed in him, to express his support for the candidate who will be nominated and to renew his wishes to the America of his heart. Verbatim:

“This candidacy was a great honor for me. (…) Throughout this process, I have met so many freedom-loving Americans who are deeply concerned about our nation, its people and its future. (…) It was a privilege to be so close to appearing on stage with the other candidates during the first debate last week. (…) The next president will have to play a major role in putting American cities back on the path to safety, prosperity and a better quality of life for all. Although I have decided to suspend my presidential campaign, my commitment to making this country a better nation for every American remains. »

Side democratthere remain hopes to see a bitcoin fan arrive at the White House with Robert F.Kennedy Jr. who recently admitted having bought 2 BTC for each of his children. But with Joe Biden as the main adversary, not sure if he can continue his purchases from the Oval Office. THE ballot will take place in November 2024but there is no doubt that we will talk about all this again around the legal consequences of the case donald trumpwho also expressed, in his own way, a definite interest in crypto.

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