Robert F. Kennedy Jr., challenging US President Joe Biden for the Democratic nomination in the 2024 presidential election, has once again shared more of his thoughts on cryptocurrencies on Twitter.
On May 2, Kennedy criticized Biden for saying the US banking system was "safe and sound." "Bank stocks are crashing today. The American people deserve more than glib reassurance and idea management," he tweeted.
On May 3, Kennedy denounced the Biden administration's proposed tax on crypto mining. Kennedy, an environmental lawyer, called the proposed 30 percent tax on the energy used by cryptocurrency miners “a bad idea.” He said energy use in the mining industry was " a problem (albeit overblown)" and continued: "The environmental argument is a selective pretext for suppressing anything that threatens elite power structures. For example, Bitcoin."
In order to "control" cryptocurrency, Kennedy found more anti-establishment material. "It's not just criminals who want privacy," he said. "Governments harass their enemies and suppress dissent by controlling bank accounts and payment platforms."
The next day, Kennedy developed the theme of financial control further, recalling the anti-vaccine protests by Canadian truckers in Ottawa in 2022. The Canadian government locked the bank accounts of people supporting the protesters. Kennedy said: "Imagine, even in the US , it's not surprising that your bank account could one day be frozen because of your political stance or comments you made on social media."
After all, GoFundMe blocked US accounts from supporting Canadian truckers and planned to redirect donations to other charities, he said. Meanwhile, PayPal fined users for spreading what they believed to be misinformation. Both decisions were successfully challenged und er pressure, but Kennedy saw big government support anyway. "These private companies often act out of fear of Congress or regulators, or simply do their bidding," he claimed. Kennedy concluded: "That's why I'm opposed to a CBDC [central bank digital currency], which would greatly amplify the power of governments to suppress dissent by pressing the button to cut off money.” Kennedy first voiced his opposition to CBDCs in a somewhat confusing tweet related to the FedNow instant payment system.
According to a CNN report on April 29, Kennedy's approval rating among Democrats was 19%. He shared his distrust of CBDCs with several Republican politicians, such as Florida Governor Ron DeSantis, who is seen as a possible challenger to Republican presidential nominee Donald Trump.
In addition to Kennedy, author Marianne Williamson has also announced her intention to challenge Biden for the presidency of the United States. She hinted at frustration with the Canadian government's blocking of bank accounts and crypto wallets in a tweet at the time, arguing that " our The government has become the handmaiden of the new corporate order,” but made no mention of cryptocurrencies on her campaign website.
