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FameEX Hot Topics | Robert Kennedy Jr. Pledges to Halt White House Campaign Against Bitcoin, Champions a 'Freedom Currency' Beyond Government Influence

2023-10-08 15:35:25

U.S. presidential candidate Robert F. Kennedy Jr., known as RFK Jr., has emerged as a vocal advocate for Bitcoin, making a bold promise to end the White House's ongoing confrontation with the cryptocurrency should he be elected as the President of the United States. In a recent interview with Bitcoin Magazine, RFK Jr. addressed various topics, including his stance on Bitcoin. As the son of the former U.S. Attorney General and Senator Robert F. Kennedy and the nephew of former U.S. President John F. Kennedy, his words carry significant weight and have stirred considerable interest.


RFK Jr. expressed his unwavering commitment to the world of cryptocurrency, declaring, "I'm going to make sure that Bitcoin is protected, that people can retain ownership of their wallets, that the current White House campaign against Bitcoin comes to an end, and that we actively promote and safeguard transactions." This strong statement underscores his determination to support the Bitcoin community and ensure its security in a rapidly evolving financial landscape.


Additionally, he revealed his intention to explore the possibility of reclassifying Bitcoin as a currency rather than a commodity, particularly for smaller Bitcoin holders. When questioned about the methods he would employ to enact these policies, Kennedy disclosed, "I will use all available means without resorting to Congress, primarily through my control over Treasury policy. Many of the detrimental policies concerning Bitcoin are not rooted in legislation; they are a product of White House policies. I intend to put an end to this war." This approach signals his commitment to bringing about real change for Bitcoin enthusiasts.


RFK Jr. also expressed deep concerns about government interference in Bitcoin mining, emphasizing his desire to introduce Treasury bills backed by hard currency, which would encompass Bitcoin, platinum, gold, silver, and other tangible assets. This move aims to secure the cryptocurrency's position and protect it from undue government influence, highlighting his proactive stance on preserving Bitcoin's integrity.


His interest in Bitcoin was sparked during the Ottawa truckers' strike, where peaceful protesters faced unwarranted measures, such as the arbitrary closure of their bank accounts without charges or convictions. Government surveillance tactics were used to identify and deprive protesters of access to their own funds, all without legal basis. RFK Jr. underscored the importance of safeguarding financial freedom and drew parallels to the potential threat posed by central bank digital currencies (CBDCs), which could grant governments unprecedented control over individuals' lives.


"In recognizing this trend, I have come to the conclusion that we require a currency of freedom, one that is autonomous and beyond government control," cautioned RFK Jr. As a presidential candidate, he appears ready to champion Bitcoin as a symbol of financial freedom and personal empowerment. His pledge to end the White House's adversarial stance toward this emerging digital asset signals a potential turning point in the relationship between cryptocurrency and the U.S. government, making his campaign one to watch for cryptocurrency enthusiasts and advocates of financial autonomy alike.


Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.


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