U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has promised to ensure that “your right to use and hold bitcoin is inviolable” if he is elected U.S. president. “Bitcoin is not only a bulwark against totalitarianism and the manipulation of our money supply, it points the way toward a future in which government institutions are more transparent and more democratic,” said the presidential hopeful.
Robert F. Kennedy Jr.’s Bitcoin Promise
U.S. Presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has made a promise regarding bitcoin if he is elected president of the United States. Kennedy is a son of former U.S. Attorney General and Senator Robert F. Kennedy and nephew of former U.S. President John F. Kennedy. RFK Jr. tweeted Tuesday:
As president, I will make sure that your right to use and hold bitcoin is inviolable.
“Bitcoin is not only a bulwark against totalitarianism and the manipulation of our money supply, it points the way toward a future in which government institutions are more transparent and more democratic,” he continued.
The presidential hopeful explained in May that he opposes central bank digital currencies, stating that CBDCs “will vastly magnify the government’s power to suffocate dissent by cutting off access to funds with a keystroke.” Warning that central bank digital currency could lead to financial slavery and political tyranny, he emphasized:
I support bitcoin, which allows people to conduct transactions free from government interference. Bitcoin has been a lifesaver for people’s movements around the world, especially in Burma.
“Cryptocurrencies, led by bitcoin, along with other crypto technologies are a major innovation engine. It is a mistake for the U.S. government to hobble the industry and drive innovation elsewhere. Biden’s proposed 30% tax on cryptocurrency mining is a bad idea,” he also tweeted in May.
Kennedy, who accepts bitcoin donations for his presidential campaign, also recently slammed the U.S. Securities and Exchange Commission (SEC) for protecting banks instead of the American people. “I don’t want people on the SEC commission who are anti-crypto,” he stressed. “At most, they should be neutral, and we should have people on there who are from the crypto community.”
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