US presidential candidate Robert F. Kennedy Jr. believes that cryptocurrencies are the best hedge against inflation and a way to take control of the government and banking system.
US presidential candidate Robert F. Kennedy Jr.
RFK Jr Says 'Crypto Equals Freedom
US presidential candidate Robert F. Kennedy Jr (RFK Jr) reiterated his support for cryptocurrencies in a post on social media platform X on Thursday. RFK Jr is the son of former Attorney General and US Senator Robert F. Kennedy and the nephew of former US President John F. Kennedy.
"Cryptocurrency is a way out of our addiction to the Federal Reserve," Kennedy wrote, emphasizing:
This is the best hedge against inflation. And it takes control away from the government and from the monopoly banking system, which uses money printing to shift wealth to billionaire oligarchs while impoverishing ordinary Americans.
"If you agree that crypto equals freedom, help me advance that vision as President," he added.
said that cryptocurrencies are "the best hedge against inflation." He emphasized that crypto “takes control away from governments and from a monopolistic banking system that uses money printing to shift wealth to billionaire oligarchs while impoverishing ordinary Americans.” Kennedy has been a long-time supporter of bitcoin and cryptocurrencies, owning BTC himself and purchasing some for his children in previous years.
He recently emphasized that bitcoin serves as a central bank's "money printing machine," highlighting its status as a "hard currency." He also emphasized the importance of freedom of transaction, likening it to freedom of speech, which he believes bitcoin uniquely provides. in October last year, the presidential candidate promised that if elected President of the United States, he would take steps to protect bitcoin.
"I will ensure that bitcoin is protected, that people can keep their wallets to themselves, that the current White House war on bitcoin will end, that transactions will be protected and encouraged," he said. Additionally, in July last year, he revealed a proposal to back the US dollar with BTC. RFK Jr also opposes central bank digital currencies (CBDC). He and former US President Donald Trump both vowed to prevent the Federal Reserve from issuing a digital dollar if elected.
Do you agree with presidential candidate Robert F. Kennedy Jr. about bitcoin and crypto? Let us know in the comments section below.
