Pro-Bitcoin Presidential Candidate Robert Kennedy Jr. Endorsed by Jack Dorsey: Will He Beat Trump and DeSantis?
Twitter co-founder and CEO of fintech firm Block Jack Dorsey has officially endorsed Robert Kennedy Jr., a pro-Bitcoin Democrat presidential candidate. Kennedy is the nephew of the assassinated President John F. Kennedy and has practiced law for several decades, specializing in environmental law and serving as a prosecutor for the U.S. Department of Justice.
Kennedy gained attention in recent years for his controversial stance on COVID-19 vaccines, specifically expressing concerns about vaccine safety and advocating for more rigorous testing and regulation. Speaking at the recent Bitcoin 2023 conference in Miami, Kennedy revealed that he took an interest in Bitcoin after the Canadian government's controversial decision to crack down on truck drivers protesting against lockdowns by freezing their bank accounts.
"As president, I will make sure that your right to hold and use Bitcoin is inviolable," Kennedy said, describing the leading cryptocurrency as "a bulwark against precisely this kind of government and corporate expansion and intrusion." He also criticized the government-led campaign against the digital assets industry, calling it a "war on crypto," as well as the plans for creating a central bank digital currency (CBDC).
CBDCs, according to Kennedy, "will allow the government to freeze your assets or limit your spending," as well as "to surveil all our private financial affairs." Kennedy’s stance on CBDCs echoed statements made by Florida Governor Ron DeSantis, the Republican presidential nominee, who went as far as banning CBDCs from the Sunshine State last month.
In a CNN poll released last week, the 69-year-old Kennedy received 20% support with current President Joe Biden at 60%. With Jack Dorsey's endorsement, Kennedy's campaign could gain momentum and potentially upset the current political landscape. However, only time will tell if Kennedy's vision for Bitcoin and other cryptocurrencies will resonate with the American people and lead him to victory in the upcoming election.