The world’s biggest cryptocurrency, Bitcoin [BTC], is usually compared to gold due to the fact that both are reliable forms of payment and stores of value. Investors have paid a lot of attention to these qualities, as well as the scarcity of both assets. Thus, BTC has acquired the moniker “digital gold.”
While the world’s largest crypto rose to power, very few powerful people have recognized its attribute to society. One amongst these powerful crypto enthusiasts seems to have taken the stand for the digital asset on a larger scale.
Robert F. Kennedy Jr. has been an outspoken supporter of Bitcoin. He has repeatedly shown his support for the biggest crypto asset. The 2024 presidential candidate told Americans with a recent tweet,
“It points the way toward a future in which government institutions are more transparent and more democratic.”
Kennedy To Help Make Pro-Bitcoin Policies
Kennedy went on to further state that the destabilization of the monetary system and tyranny are things that the world’s largest Cryptocurrency stands up to. He also asserted that he help make policies that support Bitcoin, if he were to be the President of the U.S.
“As president, I will make sure that your right to use and hold Bitcoin is inviolable.”
Furthermore, Kennedy has also promised that, if elected president, he will ensure that American policies “support Bitcoin.” He also had “freedom” in exchanges in mind. He emphasized the value of maintaining one’s own BTC wallets, nodes, and passwords in a recent interview. In his statement, he promised to “allow only the narrowest controls that are necessary to prevent money laundering.”
In actuality, Kennedy is the first presidential candidate who is hopeful to take Bitcoin as a form of campaign funding. The digital asset, in his opinion, was more than just money. He calls it a “exercise in democracy.” He even recently claimed that Bitcoin offered the general public a way out when the “bubble invariably bursts.”
However, the presidential contender has a very different position on CBDCs. In a recent statement, he described them as “instruments of control and oppression, and are certain to be abused.” In fact, he has already expressed concern that a central bank-issued digital money may result in “financial slavery.”
