John Deaton isn’t your regular Senate candidate—he’s a cool one. Currently, he is fearlessly defending crypto and ready to battle government overreach.
John Deaton has thrown his hat into the ring for the U.S. Senate seat in Massachusetts, and he’s not holding back on where he stands.
His campaign is fueled by opposition to a Federal Reserve-issued central bank digital currency (CBDC) and a passion for regulatory reform in the crypto industry.
In a candid interview with Generation Infinity, Deaton emphasized his strong resistance to a consumer-level CBDC, arguing that it could give the government unprecedented control over how people spend their money.
If there’s a CBDC that’s used by the government to reduce friction […] with the banking system or something like that, that’s one thing. But a consumer-issued CBDC by the Federal Reserve? No, that’s a hill I’m willing to die on to oppose.”
His opposition is particularly aimed at Senator Elizabeth Warren, who has advocated for a Federal Reserve-issued CBDC. According to Deaton, Warren’s proposal amounts to a “de facto ban on Bitcoin” and self-custody of crypto in the U.S.
But Deaton’s platform extends beyond cryptocurrency. He’s also calling for greater government accountability, pushing for term limits to prevent career politicians from dominating Washington.
In his view, long-term incumbents hinder fresh ideas and foster a cozy relationship between regulators and private industries.
Also Read: Bank of Canada Shifts Focus: CBDC Takes a Backseat
He’s especially critical of the revolving door that allows former regulators to immediately move into lucrative private sector roles, advocating for a mandatory “three to five-year gap” before transitioning to industry jobs.
Deaton has also taken a strong stance on the need for clearer crypto regulations, pointing out that uncertainty has driven innovators and businesses out of the U.S. market. Citing his experience in defending XRP holders, Deaton argues that regulatory clarity is key to maintaining the country’s position in the fast-evolving digital economy.
