RFK Jr.’s Commitment to Bitcoin
In a recent interview with Bitcoin Magazine, U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) made several promises regarding the protection and promotion of bitcoin if he becomes President of the United States. As the son of former U.S. Attorney General and Senator Robert F. Kennedy, as well as the nephew of former U.S. President John F. Kennedy, RFK Jr.’s statements carry weight.
Protecting Bitcoin and Encouraging Transactions
If elected, RFK Jr. stated that he would ensure bitcoin’s protection, allowing individuals to maintain control over their own wallets. He also pledged to put an end to the current White House’s war on bitcoin and promote transactions involving the cryptocurrency.
Viewing Bitcoin as Currency
RFK Jr. expressed his intention to treat bitcoin as a currency rather than a commodity, particularly for smaller bitcoin owners.
Taking Action without Congress
When asked about how he plans to implement these policies, RFK Jr. explained that he would use his control over Treasury policy to make changes without relying on Congress. He highlighted that many unfavorable policies towards bitcoin originate from White House decisions, rather than legislation.
Concerns over Government Influence on Mining
RFK Jr. voiced his concerns regarding government attacks on bitcoin mining. To address this issue, he proposed issuing Treasury bills backed by various hard assets including bitcoin, platinum, gold, and silver.
Freedom of Transaction and Importance of Bitcoin
Kennedy Jr.’s interest in bitcoin was sparked by observing government actions during the Ottawa truckers’ strike. He witnessed peaceful protesters facing punitive measures such as bank account closures without any charges or convictions. This experience led him to recognize the importance of freedom of transaction and the need for a currency that cannot be controlled by the government.
Hot Take: RFK Jr.’s Pledge to Bitcoin
U.S. presidential candidate RFK Jr. has made bold promises to protect and promote bitcoin if elected. His commitment to ending the White House’s war on bitcoin and ensuring individuals’ control over their own wallets demonstrates his support for cryptocurrency. By viewing bitcoin as a currency, RFK Jr. aims to provide greater recognition for smaller bitcoin owners. Additionally, his concerns about government influence on mining highlight the need for alternative solutions such as issuing Treasury bills backed by various hard assets. Overall, RFK Jr.’s stance on bitcoin showcases his understanding of the importance of financial freedom in today’s society.
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