Robert F. Kennedy Jr. Backs Bitcoin in Presidential Bid: A Game-Changer in Politics? – Coinpedia Fintech News

Robert F. Kennedy Jr., in his quest for the U.S. presidency, made a bold commitment to Bitcoin that is unmatched in political history. Kennedy not only expressed his personal belief in Bitcoin but also pledged to build supportive policies around it if elected.

Kennedy’s vision isn’t just about embracing Bitcoin, but about embedding it into the very fabric of American life. He emphasized the need for individuals to have the freedom to manage their own Bitcoin wallets, nodes, and passwords, with the only regulations being those necessary to combat money laundering.

Bitcoin vs. Central Bank Digital Currencies: Kennedy Draws the Battle Lines

As much as Kennedy champions Bitcoin, he stands resolutely against Central Bank Digital Currencies (CBDCs). He voiced his concerns, stating that CBDCs are ‘instruments of control and oppression’. He believes their abuse is inevitable and could pave the way to financial slavery and political tyranny. Kennedy’s stance makes it clear: Bitcoin is the hero in this narrative, while CBDCs play the villain.

In what’s shaping up to be a clash of the titans, Kennedy didn’t mince words in criticizing the U.S. Securities and Exchange Commission (SEC) for its recent crackdown on the crypto industry. He called for transparency and accountability in the SEC’s actions, advocating for commissioners who are supportive of cryptocurrency.

Kennedy’s Campaign Funded by Bitcoin

In a move that further solidifies his commitment to Bitcoin, Kennedy has declared that he will accept Bitcoin for campaign donations. This unprecedented move puts Kennedy squarely in the camp of crypto enthusiasts and makes him the first major political candidate to do so.

Presidential Race: Will Bitcoin be the Game-Changer?

As the 2024 Presidential race takes shape, Kennedy’s pro-Bitcoin stance sets him apart from the pack. A recent poll conducted by The Economist and YouGov shows Kennedy as a leading candidate, and his allegiance to Bitcoin could well be a deciding factor for many voters.

In a message that resonated with Bitcoin enthusiasts around the world, Kennedy tweeted: “As president, I will make sure that your right to use and hold Bitcoin is inviolable.” This commitment to Bitcoin’s role in a democratic and transparent future could well be the key to Kennedy’s success in the upcoming presidential race.

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