Robert F. Kennedy Jr. Says CBDCs Are Instruments of Oppression, Plans To Create Policies To Support Bitcoin
Presidential candidate Robert F. Kennedy Jr. is making his stance on central banking digital currencies (CBDCs) clear, while also signaling support for Bitcoin (BTC).
In a new interview with the New York Post, the nephew of former President John F. Kennedy says that if given power, he’d make policies that would support Americans’ freedom to use Bitcoin.
“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. I will allow only the narrowest controls that are necessary to prevent money laundering.”
Kennedy also says that should he become the next US president, he will stand against the development of a CBDC.
“I oppose central bank digital currencies because they are instruments of control and oppression, and are certain to be abused.”
Kennedy, who has been a vocal critic of the U.S. Securities and Exchange Commission’s (SEC’s) policies on crypto, has previously said that Bitcoin could possibly give people a “way out” from an otherwise unfair financial system.
“[Bitcoin is] the perfect base currency, because there’s a finite amount of it… The Bitcoin that exists on Earth is infinitely divisible, so it’s kind of the perfect currency – it has an intrinsic value and it gives people a way out…
And nobody can manipulate it. There’s no human being that can manipulate it. What happens with Bitcoin is very, very democratic. It’s all decided by all the miners in a democratic way and by algorithms that can’t be manipulated…
As president, I will make sure that your right to hold and use Bitcoin is inviolable. First, I will defend the right of self-custody of Bitcoin and other digital assets. You should be able to own your own private keys the same as you own the keys to your car or your own wallet.”
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Author: Alex Richardson
