• Robert F. Kennedy Jr., a presidential candidate for the 2023 election, is advocating for people’s right to use Bitcoin (BTC) as a bulwark against totalitarianism and manipulation of money supplies.
• Kennedy opposes central bank digital currencies (CBDCs), citing potential abuse of the technology.
• He emphasizes that people should be able to own their private keys just as they would own the keys to their car or wallet.
Robert F. Kennedy Jr.’s Stance on Bitcoin
Presidential Candidate Robert F. Kennedy Jr. has expressed his support for protecting citizens‘ right to use and hold Bitcoin (BTC) as part of his campaign platform in the 2023 election. In a new tweet, he reiterated his stance from the 2023 Bitcoin Conference in Miami, where he announced his plans to reverse government hostility toward crypto. He believes that Bitcoin is a bulwark against government and corporate intrusion, and people should be able to own their private keys just like they would own the keys to their car or wallet.
Opposition Against Central Bank Digital Currencies
In an interview with the New York Post, Kennedy voiced his opposition against central bank digital currencies (CBDCs). He believes that such instruments are likely to be abused and can become oppressive tools of control in the wrong hands, which is why he does not want them implemented nationwide at this time.
Kennedy’s Plan To Safeguard People’s Right To Crypto
Kennedy plans on safeguarding citizens‘ rights to use and hold Bitcoin if elected president in 2023 by reversing any government hostility toward it instead of creating CBDCs which can be abused by those in power. This way, individuals have more freedom when it comes to owning their private keys without having to worry about governmental interference or manipulation of money supply systems.
The Benefits Of Owning BTC Over CBDCs
Aside from allowing individuals more freedom over managing their funds without fear of governmental interference, owning BTC also allows users access to a global market rather than being restricted by local regulations or policies set forth by governing bodies regarding currency usage within certain geographical regionssuch as national borders . Furthermore, having access to a decentralized system also eliminates any monopoly held by banks or governments over monetary policy decisions as well as reducing costs associated with international remittance fees due its low transaction costs compared conventional banking systems .
Overall Robert F Kennedy Jr.’s stance on protecting individual’s rights when it comes using cryptocurrencies such BTC provides empowering alternatives especially when compared traditional banking system which can often times become restrictive due various factors such politics and geographical locations . Thus , enabling people worldwide gain access financial services regardless where they are located while still maintaining privacy security through blockchain technology .