Robert F. Kennedy Jr. made his first public look as a presidential candidate on the Bitcoin 2023 convention in the present day, sharing his personal experiences with Bitcoin, warning about how expertise is enabling authorities totalitarianism around the globe and describing how he would defend the rights of Bitcoiners if elected president.
“As president, I’ll guarantee that your proper to carry and use bitcoin is inviolable,” Kennedy stated. “I’m an ardent defender and lifelong defender of civil liberties and Bitcoin is each an train and a assure of these freedoms.”
Kennedy informed the group that he was first impressed by Bitcoin as a important freedom expertise after studying about the way it was used to avoid monetary restrictions throughout the Canadian trucker protest final 12 months.
“None of those lawful and peaceable protestors had violated any regulation… However out of the blue, they discovered that they might not entry their cash, their financial institution accounts to pay their mortgages or feed their households,” he recalled. “Once I witnessed this … devastating use of presidency repression, I spotted for the primary time how free cash is as essential as free expression.”
Kennedy has publicly expressed his assist for Bitcoin since Might 2023, acknowledging its separation from different cryptocurrencies and indicating that legislators ought to assist its growth quite than hinder it, as with rules just like the Biden administration’s proposed tax on power utilized by miners. On stage, he strengthened his distaste for such rules and he outlined the steps his administration would take to drive Bitcoin innovation within the U.S.
“First, I’ll defend the appropriate of self custody of bitcoin and different digital property,” he stated. “Second, I’ll uphold the appropriate to run a node at residence… Third, I’ll defend use-neutral, industry-neutral regulation of power… Fourth, I’ll guarantee that the US stays the worldwide hub of Bitcoin and different cryptocurrencies… I’ll reverse the federal government’s rising hostility towards this {industry}.”
Lastly, he stated that he would look intently at “whether or not people like Ross Ulbricht,” the founding father of darknet, bitcoin-based market Silk Highway who acquired a double life sentence in 2013, had been prosecuted “for precise crimes, or as a way to crackdown on crypto.”
“I’ll take into account pardoning them and I’ll act in a short time to take action,” Kennedy added.
Kennedy launched his Democratic major bid shortly earlier than signaling assist for the Bitcoin {industry} on Twitter and saying his Bitcoin 2023 look. His public stances on points like vaccine mandates and local weather change have contradicted these of most mainstream Democrats and he has positioned himself as a celebration outsider. As of this writing, he sits in second place, although trailing by a major margin, to Joe Biden in nationwide polling common.
At Bitcoin 2023, Kennedy clarified that he’s not personally invested in bitcoin and introduced that his presidential marketing campaign can be the primary in historical past to just accept donations by way of the Lightning Community.
“We are actually dwelling on this age of turnkey totalitarianism … and our job is to try to construct and fortify democratic establishments on the similar price,” he concluded. “The most important, most essential one on the horizon is Bitcoin, as a result of it might probably’t be manipulated.”
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