Bitcoin Embodies Democracy, U.S. Presidential Candidate Robert F. Kennedy Jr. Says

Updated: 19 May 2023

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U.S. presidential candidate Robert F. Kennedy Jr. delivered a powerful speech on Bitcoin at a Conference, emphasizing the democratic nature of Bitcoin and expressing his support for the cryptocurrency. Kennedy Jr., known for his advocacy of alternative digital assets, captivated the audience with his vision for nurturing Bitcoin and protecting individuals’ financial sovereignty.

During his address, Kennedy Jr. highlighted the widespread passion surrounding Bitcoin, noting that it transcends its status as a currency and serves as an embodiment of democracy itself.

He firmly stated, “When I become president, I am going to ensure that you guys have your own wallet and keep your own password so that the government can’t interfere.” Kennedy Jr.’s commitment to individual empowerment struck a chord with the conference attendees.

In his proposed presidential agenda, Kennedy Jr. outlined plans to exempt Bitcoin mining operations from the government’s electricity tax, allowing Americans to nurture Bitcoin at home and generate wealth. By removing such taxation, he aims to foster an environment that encourages the growth and adoption of cryptocurrencies.

Kennedy Jr. has previously voiced his opposition to the Federal Reserve’s proposed central bank digital currency (CBDC), FedNow. He argued that the introduction of government-issued digital currencies would pave the way for intrusive surveillance and control over individuals’ financial lives, undermining the very principles of privacy and freedom that Bitcoin champions.

Robert F. Kennedy Jr. to Speak at the Bitcoin Conference 2023

As a testament to his commitment to the crypto space, Kennedy Jr. was invited as a key speaker at the Bitcoin Conference 2023, a prestigious event drawing thousands of Bitcoin supporters and speakers from around the world. His presence further solidified his status as a vocal advocate for Bitcoin and its potential to reshape the financial landscape.

While Kennedy Jr.’s stance on Bitcoin aligns with the principles of decentralization and individual sovereignty, his views are not without criticism. Some skeptics argue that cryptocurrencies, including Bitcoin, carry risks such as volatility, illicit activities, and environmental concerns. However, Kennedy Jr. remains undeterred, passionately asserting that Bitcoin, with its decentralized architecture, offers a transformative path towards a more democratic financial system.

As the Bitcoin Conference 2023 continues to unfold, Kennedy Jr.’s insights and pro-Bitcoin stance have undoubtedly left a lasting impression on attendees. Whether his vision for nurturing Bitcoin and preserving financial freedom resonates with the broader public remains to be seen as the U.S. presidential campaign progresses.