Democratic presidential candidate Robert F. Kennedy Jr., who stands out in the cryptocurrency industry thanks to his support for the sector and criticism of central bank digital currencies (CBDC). Recently, if he becomes the next president of the United States, the White House Bitcoin He promised to end his ‘war’ against (BTC).
Indeed, the 69-year-old environmental lawyer and presidential candidate told Bitcoin Magazine’s Mark Godwin in an interview published Oct. 4 that during his potential White House tenure, the government would consider BTC. cryptocurrency has promised to ease its policies on units and treat Bitcoin as a currency rather than a commodity.
I will ensure that Bitcoin is protected, that people can keep their own wallets, that the White House’s current war on Bitcoin is over, that transactions are protected and incentivized, and that it is ultimately treated as a currency rather than a commodity, especially for small Bitcoin holders and transactions.
Empowering Bitcoin Retail Traders
Moreover, as he explained, “I think he doesn’t want to offer a windfall for billionaires who are accumulating Bitcoin, but smaller players and transactions need to be able to exchange currency in the same way that you use the Canadian dollar when you go to Canada, you want to be able to come to the US and if there is an appreciation of the Canadian dollar , you shouldn’t pay for this.”
As a reminder, Kennedy described CBDCs like the US Federal Reserve project ‘FedNow’, which officially went live on July 20, 2023, as potentially leading to “financial slavery and political tyranny” by allowing the government to surveil all private financial dealings, limiting where individuals can send money and where they can spend it. He has been criticized for a long time for what he caused.
In a small club that previously included Kennedy’s Republican counterpart, Vivek Ramaswamy, he vowed to protect the right to hold BTC by equating it with civil liberties and became the first crypto- He became one of the few presidential candidates to accept donations in his presence.
Meanwhile, the flagship decentralized finance (DeFi) asset has posted a 4.88% gain over the previous seven days, in addition to a 7.63% increase on its monthly chart, according to the latest information on October 5. It is trading at $27,730, representing an increase of 0.5.