Pro-Crypto Presidential Candidate Robert F. Kennedy Jr. Drops Democratic Bid to Run as Independent
Robert F. Kennedy Jr., a pro-crypto candidate for the United States presidency, announced at a rally in Philadelphia that he was dropping his bid for nomination in the Democratic primary to run as an independent instead. Kennedy has been a supporter of cryptocurrency and aims to make America the global hub of crypto, particularly Bitcoin.
Kennedy’s Crypto Stance
In July, Kennedy revealed plans to back the USD with “hard currency,” including gold, silver, platinum, and Bitcoin (BTC). He has also been vocal against the Federal Reserve’s FedNow instant payment system, equating it with a central bank digital currency (CBDC) and expressing concerns about banning and seizing Bitcoin.
Independent Candidacy
Kennedy’s decision to run as an independent follows polling results released by the super-PAC supporting him, American Values 2024. The results suggested that he would be the strongest independent candidate in recent U.S. election history with 19% support among voters. This is compared to 38% support for President Joe Biden and former president Donald Trump.
2024 Presidential Race
While hundreds of independent candidates have declared their candidacy for the 2024 presidential race, few have gained significant attention. The only remaining Democratic Party challenger to Biden is writer Marianne Williamson.
The Kennedy Name and Party Affiliation
The Kennedy name has long been associated with the Democratic Party. However, RFK Jr.’s controversial positions on issues like vaccines have distanced him from both the party mainstream and his own family.
Hot Take: Kennedy Embraces Independence to Champion Crypto
Robert F. Kennedy Jr.’s decision to drop his bid for nomination in the Democratic primary and run as an independent candidate demonstrates his commitment to advancing cryptocurrency. As a vocal supporter of crypto, Kennedy aims to make America the global hub of cryptocurrency, with Bitcoin at the forefront. This move allows him to distance himself from party affiliations and focus on championing crypto-friendly policies. While it remains to be seen how his independent candidacy will fare in the 2024 presidential race, Kennedy’s decision highlights the growing influence of crypto in political discourse.