- Independent US presidential aspirant Robert F. Kennedy Jr. doubled down on his support for cryptocurrencies.
- RFK Jr. called cryptocurrency “the best hedge against inflation in his recent speech.”
The 2024 US Presidential election is not just confined to a battle between the incumbent President Joe Biden and former President Donald Trump. One polarizing figure also making his attempt at the highest elected position on US soil is independent candidate Robert F. Kennedy Jr.
RFK Jr. has been making a lot of noise in favor of Bitcoin and cryptocurrencies since he showed interest in the presidency last year. With only months away from the historic US election, he reiterated his stance on these digital assets as he referred to them as “the best hedge against inflation.”
RFK Jr. Doubles Down on His Support for Cryptocurrencies
“The more I learned about cryptocurrency, the more it occurred to me that this is the off-ramp for our addiction to the fed, to the printing of money” RFK Jr. stated in one of his speeches while bathing in the applause of the audience. “And the off-ramp from the monopolistic banking system—the globalist banking system—that is using money printing to fund the wars and to shift wealth upward to this new oligarchy of billionaires while impoverishing the rest of us.”
“And that crypto takes the control away from the government and away from these monopolistic institutions and guarantees all kinds of freedom,” he added. “And among the freedoms that we’re concerned about is the freedom to keep the fruits of your labor, which inflation robs you of.”
“And this is, you know, cryptos are the best hedge against inflation,” Kennedy wrapped it up.
RFK Jr. is seemingly capitalizing on the support of the crypto community via his positive stance on Bitcoin and altcoins. This call for financial freedom through cryptocurrencies aligns with his campaign slogan “Kennedy24: Declare Your Independence.”
Unlike Biden’s administration which has been at war against Bitcoin- and crypto-related firms as of late, and Trump who has been seesawing on his stance on cryptocurrencies during his presidency and present campaign, Kennedy has established himself as a steady ally for these digital assets.
RFK Jr. has actively campaigned against the establishment of a US central bank digital currency (CBDC) while advocating for Bitcoin as a potential safeguard against economic uncertainty. He was also vocal about many issues affecting the crypto space, especially the handling of former FTX CEO Sam Bankman-Fried’s case.
RFK Jr. Controversies
Like his fellow presidential candidates, RFK Jr. had his fair share of controversies. Among the recent ones include misleading statements about COVID-19, vaccines, autism, LGBTQIA+, AIDS, mass shootings, and conspiracy theories.
Nonetheless, Kennedy ranked third in the latest US opinion polls centering on the preferred candidate of Americans for the 2024 presidential election.