Presidential Candidate Backs Bitcoin?


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Presidential Candidate Advocates for Bitcoin-Backed USD**

Robert F. Kennedy Jr., a contender for the Democratic presidential nomination, has expressed an intriguing proposition for the US currency. Should he secure the presidency, he intends to incrementally align the US dollar with Bitcoin. This revelation came to light during an event organized by Heal-the-Divide PAC on July 19.

Kennedy's motivation for this initiative stems from his confidence in the robustness of assets he categorizes as “hard currency.” He suggests that by associating the US dollar with tangible assets like gold, silver, platinum, or even Bitcoin, there's potential to fortify the nation's economic foundation.

Hailing from the renowned Kennedy lineage, Robert F. Kennedy Jr. is the offspring of former U.S. attorney general and senator, Robert F. Kennedy, and also related to ex-U.S. president, John F. Kennedy. His perspective on Bitcoin underscores the increasing relevance of digital currencies in contemporary American political dialogue.

It's also pertinent to highlight that Kennedy Jr. isn't the sole political figure advocating for crypto. Earlier in July, Ron DeSantis, the Republican Governor of Florida and a presidential hopeful, pledged to prohibit central bank digital currencies if he assumes the presidency.

The original information was sourced from TokenInsight.

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