Robert F. Kennedy to Enforce Pro-Bitcoin Laws Should he Become President

Robert F. Kennedy Jr, who lately introduced he’ll run for President of the US as a part of the Democratic Occasion, vowed to implement Bitcoin-friendly insurance policies if elected. 

The Republicans even have a crypto-loving candidate and his identify is Francis Suarez. The 45-year-old, who at present serves as mayor of Miami, concerned town in quite a few Bitcoin initiatives and have become the primary American politician to obtain his wage in BTC as an alternative of fiat forex.

BTC Might Thrive Beneath Kennedy’s Management

In a current interview, Robert F. Kennedy Jr (the nephew of former President John F. Kennedy) reiterated his optimistic stance in direction of the cryptocurrency sector, extra particularly, Bitcoin. He stated he’ll “make sure” that America introduces guidelines that help BTC and allow folks to regulate their passwords, wallets, and nodes. 

“I will make sure that we have policies that support Bitcoin and the freedom to transact and that allow individuals to manage their own Bitcoin wallets, nodes, and passwords.”

Kennedy additionally promised that his eventual cupboard would apply solely crucial management to the trade to stop cash laundering. 

Subsequently, he opposed central financial institution digital currencies (CBDCs), labeling them as monetary merchandise used for “oppression.”

Kennedy has beforehand described himself as an opponent of the US Federal Reserve, claiming it had collaborated with quite a few banking establishments between 2008-2022 to print a colossal sum of money. In his view, the end result of the controversial coverage may trigger an additional financial imbalance sooner or later, whereas Bitcoin may function an “escape route from the splatter zone.”

Might We Witness a Competitors Between BTC Followers?

Francis Suarez – the mayor of Miami – is the presidential candidate who stands as a Bitcoin advocate from the Republican aspect. His cupboard has allowed Florida’s monetary coronary heart to undergo a digital transformation by digitizing the method of securing a license to begin a enterprise. As such, town had turn into far more engaging to traders and entrepreneurs. 

Suarez, who had personally purchased BTC and obtained his paychecks within the major cryptocurrency, has additionally contemplated investing 1% of Miami’s treasure reserves in it.

Nonetheless, direct competitors between Kennedy and Suarez appears unlikely since they first have to prevail over Joe Biden and Donald Trump, respectively.

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