Robert F. Kennedy Jr. Advocates Blockchain for U.S. Budget Transparency

Join Our Telegram channel to stay up to date on breaking news coverage

On Sunday, independent U.S. presidential candidate Robert F. Kennedy Jr. declared his intention to utilize blockchain technology to enhance government transparency. Speaking at a Michigan rally, Kennedy expressed his commitment to a Web3 overhaul of the federal budget, as reported by The Hill.

Kennedy announced his ambitious plan to make the entire U.S. budget accessible on the blockchain. “I’m going to put the entire U.S. budget on [the] blockchain, so that […] every American can look at every budget item in the entire budget anytime they want 24 hours a day,” he stated. This would allow the public to monitor government spending continuously, potentially transforming how budget oversight is conducted.

We’re going to have 300 million eyeballs on our budget, and if somebody is spending $16,000 for a toilet seat, everybody’s gonna know about it.

Highlighting the benefits of such transparency, Kennedy explained that blockchain technology could facilitate day-to-day payments on a publicly distributed ledger, enhancing accountability. He envisioned a scenario where the details of government expenditures, including thousands of transactions, would be openly accessible to the public daily.

Kennedy used a vivid example to illustrate his point: “We’re going to have 300 million eyeballs on our budget, and if somebody is spending $16,000 for a toilet seat, everybody’s gonna know about it,” referencing past controversies over government spending.

Beyond his latest comments, Kennedy has been a long-time proponent of using cryptocurrency technology to better the nation’s economic framework. His support for integrating cryptocurrency into government processes was evident last July when he proposed backing the U.S. dollar with Bitcoin reserves. Furthermore, Kennedy’s interest in cryptocurrency has been a prominent feature of his campaign. He has actively participated in major cryptocurrency events, including Bitcoin 2023 in Miami and ETHDenver, a notable annual Ethereum conference.

Cryptocurrency is the off-ramp for our addiction to the Federal Reserve. It’s the best hedge against inflation. And it takes control away from the government and from the monopolistic banking system, which uses money printing to shift wealth upward to the oligarchy of… pic.twitter.com/E4J0GNelSf

— Robert F. Kennedy Jr (@RobertKennedyJr) March 21, 2024

Kennedy also addressed potential risks associated with blockchain transparency. While a blockchain-based budget could greatly increase government accountability, Kennedy acknowledged that the same transparency could pose risks, potentially being used against citizens. He has expressed concerns about Central Bank Digital Currencies (CBDCs), which he views as a potential threat to privacy, describing them as a “slippery slope” toward financial surveillance in the U.S.

About Robert F. Kennedy Jr.

Robert F. Kennedy Jr. has launched an independent bid for the U.S. presidency, focusing on a platform that includes a range of environmental and public health issues, drawing on his extensive background as an environmental attorney and activist. Kennedy’s campaign emphasizes the need for aggressive action against pollution and climate change, advocating for policies that promote sustainable energy sources and reduce dependence on fossil fuels. His environmental stance is coupled with a strong advocacy for public health reforms, particularly in areas affected by industrial pollution. Kennedy’s approach resonates with voters who are increasingly concerned about environmental degradation and its impact on health and well-being.

In addition to his environmental and health focus, Kennedy’s campaign also addresses issues of government transparency and integrity. He has been vocal about the need to reform various federal agencies to eliminate undue influence from corporate lobbyists and to ensure that these agencies operate in the public interest. Kennedy’s platform suggests that such reforms are crucial for restoring trust in government and making sure that policies benefit the general populace rather than specific interest groups. His campaign appeals to a broad spectrum of voters who are disillusioned with what they see as a disconnect between government actions and public needs.

Innovating AR/VR Gaming Through Cryptocurrency: The Emergence of 5SCAPE

In the dynamic world of crypto, various projects emerge with the potential for global influence, especially within the AR/VR gaming sector. This niche is increasingly solidifying its presence, fueled by ongoing enhancements in crucial technologies and significantly supported by cryptocurrency dynamics.

One of the pioneering Ethereum-based projects in this arena is 5th Scape (5SCAPE), which introduces groundbreaking concepts poised to revolutionize the immersive experience landscape. This article delves into the key aspects of the 5SCAPE initiative and provides details on its current presale phase.

5SCAPE aims to redefine the virtual and augmented reality sectors. It marks the beginning of a new era with its development of the Cage Conquest MMA game, which serves as the project’s kickoff.

World’s first AR & VR ecosystem that connects the smartest minds together

The project is not just about VR gaming; it also incorporates a wide array of AR and VR content, including educational tools, social applications, and creative platforms. This diversified approach ensures that 5SCAPE caters to a broad audience, enhancing its applicability and appeal.

The 5SCAPE team is devoted to creating the “world’s first AR & VR ecosystem that connects the smartest minds together.” Their ambitious vision spans VR games, hardware, and animations, with a well-delineated strategy for achieving these goals. Key to the project’s success is ensuring that its offerings are compatible with widely used VR headsets and hardware, including Oculus Rift and Meta Quest 3. Plans are also underway to develop proprietary VR headsets and an AR gaming chair once the project gains industry traction.

Exciting update from #5thScape! Cage Conquest, our inaugural game, is on track for its release in Q2 as planned. Our team is actively working on listing it on the meta store for beta testing 🛠️, aiming to gather crucial feedback for an enhanced experience. Get ready for an epic… pic.twitter.com/lgUIod5vCj

— 5th Scape (@5th_scape) April 22, 2024

Currently, the team is actively developing several VR games such as Cage Conquest, Epic Cricket Arena, Immersive Kickoff, Archery Master, and Thrust Hunter. Of these, Cage Conquest is especially notable as it focuses on combat sports and is slated for release in the second quarter of 2024.

5SCAPE encompasses various functionalities. Firstly, it grants access to exclusive VR content, enabling holders to experience unique games and features on the platform. It also operates as a Play to Earn (P2E) token, offering players the opportunity to earn incentives in 5SCAPE tokens, which will be tradeable upon listing. Furthermore, the token includes a staking feature, allowing users to lock up their tokens temporarily to earn potential rewards.

Investors are invited to due their own diligence and research before purchasing any token.

In order to purchase 5SCAPE tokens and learn more about the project, you are welcome to visit their official site.