Robert F. Kennedy Jr Pledges to End Efforts to Move Toward CBDC
Robert F. Kennedy Jr., the first presidential candidate to accept Bitcoin for campaign donations, joins his Republican competitor, Donald Trump, in promising to fight the central bank digital currency (CBDC) in the United States. On Jan. 24, Kennedy posted a fragment of his media appearance on X, discussing the threats of CBDC. In his post, the presidential candidate calls it a part of a discussion with Joseph Mercola, a proponent of alternative medicine, controversially famous for promoting “alternative remedies” for COVID-19. Mercola hosts a podcast called “Take Control Over Your Health.” In a 1-minute video, Kennedy claims that the government is going to know about any single transaction one makes with CBDC, which will lead either to “blackmail” or “pressure:” “It (CBDC) is a calamity for human rights and for civil rights.” Kennedy shared an example of China, where the local CBDC, a “digital yuan,” is linked to an extensive social credit system and, according to American politicians, the government “can shut off” the individual’s access to their funds if the street surveillance cameras catch him without the properly put face mask. It should be noted that the final remnants of the mask regime were lifted in China in spring 2023. R elated: Two presidential longshots are left waving the crypto flag, plus a wildcard
The politician vowed to end “the efforts to move toward a CBDC” if he becomes president and do everything he can to maintain paper cash. However, Kennedy also reminded the listeners that Bitcoin gives them better protection than cash. Dr. Joseph
and I discuss financial freedom in the 21st century. As president, I will end the efforts to move toward a CBDC. #Kennedy24 pic.twitter.com/gao3D1HAeM — Robert F. Kennedy Jr (@RobertKennedyJr) January 24, 2024 Another presidential candidate, Donald Trump, has twice voiced his promise to “never allow” a CBDC in the country. While Trump was not previously known for any nuanced stance on crypto — besides some negative comments about Bitcoin during his presidency — his former Republican opponents Vivek Ramaswamy and Florida Governor Ron DeSantis took up the subject in their presidential campaigns. Both Ramaswamy and DeSantis endorsed Trump after quitting the presidential race. Robert F. Kennedy Jr., who left the Democratic Party in October 2023, is still fighting for inclusion on state ballots, as party ballot access requires fewer voter signatures than running as an independent. In January 2024, he appeared open to running as a Libertarian Party candidate.