Presidential Candidate Robert F. Kennedy Jr. Firmly Supports Bitcoin and Opposes CBDCs
In a recent interview with the New York Post, Robert F. Kennedy Jr., a prominent presidential candidate, has expressed his unwavering stance on central banking digital currencies (CBDCs) while signaling his strong support for Bitcoin (BTC).
Kennedy emphasizes that, if granted the opportunity, he intends to implement policies that empower Americans to freely engage with Bitcoin, ensuring their ability to manage their own Bitcoin wallets, nodes, and passwords. While acknowledging the importance of preventing money laundering, Kennedy emphasizes that he would only endorse the minimal necessary controls.
Moreover, Kennedy affirms that, if elected as the next US president, he will actively oppose the development and implementation of a CBDC. His opposition stems from his belief that CBDCs serve as tools of control and oppression, likely to be exploited for nefarious purposes.
Kennedy’s endorsement of Bitcoin is not new. He has long been critical of the policies of the U.S. Securities and Exchange Commission (SEC) regarding cryptocurrencies. He views Bitcoin as a potential means for individuals to escape an unfair financial system, providing them with a “way out.”
Kennedy explains the unique qualities of Bitcoin that make it an ideal base currency, including its finite supply and intrinsic value. He highlights its democratic nature, governed by all miners through a transparent algorithm that cannot be manipulated by any individual. As president, Kennedy vows to safeguard individuals’ rights to hold and utilize Bitcoin, defending their right to self-custody and ownership of private keys, akin to owning keys to a car or a physical wallet.
In summary, Robert F. Kennedy Jr., a promising presidential candidate, firmly advocates for Bitcoin while opposing CBDCs, emphasizing the importance of policies that promote individual freedoms and the right to financial autonomy.
Read Also: SAP Introduces 'Digital Currency Hub' Pilot for Cross-Border Payments with USDC
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.
- Advertisement -
Comments are closed.