Democratic presidential candidate Robert F. Kennedy Jr. calls Bitcoin the “currency of freedom.” Kennedy says his May 2017 purchase of 14 Bitcoin shows his dedication to Bitcoin and cryptocurrencies, media reports said.
Kennedy officially supported Bitcoin in a Twitter Spaces interview with crypto investor and podcast producer Scott Melker. He took action after receiving concerns about his apparent sponsorship of Bitcoin without owning any. Kennedy told the Bitcoin Conference that he gave his seven children two Bitcoin each.
Kennedy and Melker explored the severe issue of banks arbitrarily cancelling customer accounts outside of individual savings and investment options in light of the current Joseph Mercola case. They questioned the power balance and political pressure’s impact.
Kennedy worried about free speech and individual rights. This encounter seems to have increased Kennedy’s belief in Bitcoin’s future as a decentralised, censorship-resistant currency.
At the Miami conference, Kennedy addressed how COVID-19 law affected his Bitcoin adoption. He campaigned for president on the promise of becoming the first to accept Lightning Network Bitcoin donations.
Kennedy’s surprise Bitcoin link may change politics. Kennedy’s pro-crypto stance may attract more bitcoin fans as the presidential election approaches.
As a politician, he is subject to press and opponent criticism. However, Kennedy believes Bitcoin can bypass large financial institution censorship.
Robert F. Kennedy Jr.’s public support of bitcoin may hurt his political future, but he has positioned himself as a presidential candidate who isn’t afraid of digital currencies.
