Robert F. Kennedy Jr. promised to end the American effort to go to the CBCC.
Robert F. Kennedy Jr., the first presidential candidate to accept Bitcoin for campaign donations, has pledged to fight the development of a central bank digital currency in the United States.
On January 24, Kennedy released his media appearance piece on X, discussing central bank digital currency (CBCC) concerns. In the post, the presidential candidate called it part of a conversation with alternative medicine advocate Joseph Mercola, who has promoted “alternative solutions” to Covid-19. Mercola hosts a podcast called Take Control of Your Health.
In a one-minute video, Kennedy said the CBCC would let the government know about any transaction a citizen makes that could lead to fraud or duress, adding:
“He [a CBDC] It is dangerous for human rights and civil rights.
Kennedy shared the example of China's local CBCC, a “digital yuan” linked to a wider social credit system and, according to US politicians, a street surveillance system where the government can block an individual's access to their money. Cameras detect any kind of disobedience.
In the year The 2023 Chinaization Report has already raised concerns about the privacy of Chinese citizens. China has warned against integrating the financial data generated by the digital yuan with other supporting data into its social credit system.
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The politician said that if he becomes president, he will “stop the effort to move to a CBDC and do everything possible to protect paper money.” However, Kennedy reminded his audience that Bitcoin (BTC) has more to offer than money.
Dr. Joseph @mercola and I discuss financial freedom in the 21st century. As president, I will stop efforts to move to a CBDC. #Kennedy24 pic.twitter.com/gao3D1HAeM
— Robert F. Kennedy Jr. (@RobertKennedyJr) January 24, 2024
Another presidential candidate, Donald Trump, has repeated his promise to “never allow” CBDC in the United States. While Trump has made some negative comments about Bitcoin during his presidency, former Republican opponents Vivek Ramaswamy and Florida Governor Ron DeSantis have taken pro-crypto and anti-CBDC positions in their presidential campaigns. Ramaswamy and DeSantis endorsed Trump after dropping out of the presidential race.
Kennedy, who left the Democratic Party in October 2023, is still struggling to get into state elections, as getting a party vote requires fewer voter signatures than running as an independent. In January 2024, he appeared open to running as the candidate of the Liberian Party.
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