Robert F. Kennedy Jr. becomes 1st presidential candidate to accept donations in Bitcoin By CriptoFácil

by time news

2023-05-19 23:17:53

© Reuters. USA: Robert F. Kennedy Jr. Becomes 1st Presidential Candidate to Accept Bitcoin Donations

CriptoFácil – US presidential candidate Robert F. Kennedy Jr. is making history by becoming the first presidential candidate in the country to announce that he will accept campaign donations in (BTC), the largest cryptocurrency on the market.

As reported by Cointelegraph in an article published this Friday (19), RFK Jr. made its announcement during a cryptocurrency conference. At the opportunity, he praised cryptocurrency as a “symbol of democracy and freedom”.

Also during the event, the candidate highlighted the power, durability and flexibility of Bitcoin. Furthermore, he stated that most people present in the room were aware of the connection between cryptocurrency and the ideals of democracy and freedom. He also expressed his passion for the profound representation of the need for freedom and democracy, as well as the promise that Bitcoin’s innovation holds in securing these virtues.

support for bitcoin

On Twitter, the candidate has been sharing his libertarian views on cryptocurrencies. He has already stated, for example, that crypto technologies are an important innovation engine. RFK Jr. also criticized US regulatory policies, arguing that the country is hurting the industry and encouraging innovation elsewhere.

RFK Jr.’s decision of accepting donations in Bitcoin comes at a time when the industry is facing a strict regulatory environment in the US. Pressure from regulators, especially from the SEC, has generated uncertainty among industry players and harmed the ecosystem as a whole.

As a result, several crypto companies are having to shut down their operations in the country and migrate to more crypto-friendly jurisdictions. For the candidate, the US economy would be more resilient if it had a diversified currency ecosystem.

With his pro-cryptocurrency stance and acceptance of Bitcoin donations, Robert F. Kennedy Jr. is positioning himself as a presidential candidate looking to drive innovation and promote financial freedom in the country.

“We are seeing today how fragile our super-centralized system is,” he said.

By CriptoFacil

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