Robert F. Kennedy Jr., the trailblazing presidential candidate, has made headlines by becoming the first to accept Bitcoin for campaign donations. Kennedy has now aligned himself with his rival,
Donald Trump, in a shared commitment to combat the development of a central bank digital currency (CBDC) within the United States.
Taking to social media on January 24, Kennedy released a snippet of his interview on X, where he engaged in a discussion about the potential dangers posed by a CBDC.
This conversation featured Joseph Mercola, a well-known advocate for alternative medicine, who has advocated for unconventional treatments for COVID-19. Mercola hosts a popular podcast named “Take Control Over Your Health.”
In a brief one-minute video, Kennedy raised alarm bells about the implications of a CBDC, suggesting that it could enable the government to monitor every single financial transaction made by citizens.
He argued that this surveillance capability could lead to potential blackmail or undue pressure on individuals, emphasizing, “It [a CBDC] is a calamity for human rights and for civil rights.”
Drawing parallels with China, where the “digital yuan” is already in circulation, Kennedy pointed out that it is intertwined with an extensive social credit system.
READ MORE: US Regulators Issue Cautionary Crypto Warning: Beware of Overhyped AI Trading Bots
According to U.S. politicians, this system allows the government to restrict access to an individual’s funds based on surveillance camera detection of non-compliance.
Kennedy pledged to halt any progress towards implementing a CBDC if he were to assume the presidency, vowing to preserve the use of paper cash. He also highlighted that Bitcoin provides better protection for individuals compared to cash.
Notably, another presidential contender, Donald Trump, has unequivocally promised on two occasions that he would never permit a CBDC in the United States.
Despite making critical comments about Bitcoin during his tenure as president, Trump’s former Republican Party rivals, Vivek Ramaswamy and Florida Governor Ron DeSantis, have adopted pro-crypto and anti-CBDC stances in their own presidential campaigns, ultimately endorsing Trump after exiting the race.
Kennedy, who departed from the Democratic Party in October 2023, continues to work towards securing inclusion on state ballots.
Notably, party ballot access demands fewer voter signatures than running as an independent candidate.
As of January 2024, he has indicated his openness to potentially running as a Libertarian Party candidate, further solidifying his stance against the introduction of a CBDC in the United States.
Discover the Crypto Intelligence Blockchain Council
