Benzinga - Robert F. Kennedy Jr., a 2024 Democratic Party presidential candidate, known for his advocacy for digital assets, recently shared his progressive views on Bitcoin (CRYPTO: BTC), saying that he considers the world's largest cryptocurrency to be not just a form of currency, but a democratic movement.
He shared this sentiment at the ongoing Bitcoin Conference 2023, emphasizing the broad appeal of cryptocurrency.
Setting his sights on fostering Bitcoin growth in the U.S., Kennedy has laid out his plans for integrating crypto into society if he were to win the presidency.
He said, "When I'm president, I'm going to make sure that you've got your own wallet, that you keep your own password, that the government can't interfere with it."
He also said that under his leadership, the government wouldn't impose a 30% tax on electricity, thereby encouraging home-based Bitcoin mining and contributing to the nation's wealth generation.
Robert F. Kennedy Jr - "Everybody is so passionate about #Bitcoin, not just because it’s a currency but because it’s an exercise in democracy" pic.twitter.com/WtP9JNf5kDAlso Read: Presidential Candidate RFK Jr. Unleashes Fury Against Biden's Crypto Tax Proposal — The Battle Begins— Quinten | 048.eth (@QuintenFrancois) May 19, 2023
Kennedy hasn't been shy about criticizing the Federal Reserve's digital currency, FedNow CBDC, which he sees as a continuous onslaught against cryptocurrencies.
He added that digital currencies issued by the government could become the ultimate tool for societal surveillance and control.
The Bitcoin Conference 2023, which runs until May 20 in Miami Beach, is hosting Bitcoin enthusiasts and expert speakers from across the globe.
Read Next: Crypto's Wild West Era Is Over: Here's How The Big Dogs Are Taking Over
Photo: Gage Skidmore on flickr
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