Robert F Kennedy Jr Opposes Central Bank Digital Currency
Presidential candidate Robert F Kennedy Jr has expressed his opposition to the development of a Central Bank Digital Currency (CBDC) in the United States. He believes that a CBDC would give the government too much control over personal finances and infringe on individual freedoms.
Risks of Government Control
Kennedy argues that a CBDC would allow for increased government scrutiny and control over every transaction, similar to China’s social credit system. This level of control could lead to blackmail and political pressure on citizens.
Discussion on Financial Freedom
Kennedy’s comments were made during a discussion on financial freedom in the 21st century with Dr. Joseph Mercola. They discussed the negative implications of CBDCs and the importance of alternative options.
Favoring Bitcoin as an Alternative
Kennedy has long been a supporter of Bitcoin as a better alternative to traditional fiat currencies. He believes that Bitcoin offers users more freedom and protection against inflation. His campaign has even started accepting Bitcoin donations.
Pledge to End CBDC Development
If elected President, Kennedy promises to put an end to all efforts towards developing a CBDC in the United States. He intends to uphold paper currency (fiat) and explore other alternatives instead.
Hot Take: A Strong Stance Against CBDCs
Robert F Kennedy Jr firmly opposes the development of a Central Bank Digital Currency in the United States, citing concerns about government control and infringement on personal freedoms. He advocates for financial freedom and views Bitcoin as a superior alternative to traditional fiat currencies. If elected President, Kennedy vows to halt all CBDC development and promote other forms of currency. This stance aligns with his campaign’s focus on preserving individual liberties and protecting citizens’ rights.
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