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US Presidential Candidate Robert Kennedy Proposes To Back the Dollar With Bitcoin, End Taxes on BTC

US Presidential Candidate Robert Kennedy Proposes To Back the Dollar With Bitcoin, End Taxes on BTC

Democratic presidential candidate Robert F. Kennedy Jr. is sharing his plans for Bitcoin (BTC) if he gets elected in the November 2024 election. During a speech at a Heal-the-Divide event, the nephew of former president John F. Kennedy says his administration will exempt the conversion of Bitcoin to dollars from capital gains tax. He says […]

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Crypto Bloodbath: $581M in Derivatives Liquidated Amid Bitcoin’s Fall

Pro-Bitcoin Candidate Robert F. Kennedy Jr. Will Become Next US President, Predicts Tech Mogul Jack Dorsey

Pro-Bitcoin Candidate Robert F. Kennedy Jr. Will Become Next US President, Predicts Tech Mogul Jack Dorsey

Twitter co-founder Jack Dorsey thinks pro-Bitcoin (BTC) presidential candidate Robert F. Kennedy Jr. will win the next election. Kennedy, who announced in April that he is running in the 2024 presidential campaign as a Democrat, outlines in a recent interview why he thinks he could beat Republican frontrunners Donald Trump and Ron DeSantis. Dorsey shared the […]

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Crypto Bloodbath: $581M in Derivatives Liquidated Amid Bitcoin’s Fall

Jack Dorsey tips pro-crypto candidate Robert Kennedy to win presidency

Twitter founder Jack Dorsey has thrown his weight behind Democratic presidential candidate Robert Kennedy Jr.

Twitter founder Jack Dorsey has thrown his weight behind pro-crypto Democrat presidential candidate Robert F. Kennedy Jr. 

“He can and will,” wrote the Block Inc. CEO, sharing a YouTube clip from Fox News featuring Kennedy explaining how he plans to beat popular Republican presidential candidates Ron DeSantis and Donald Trump.

When a user asked if he was “endorsing or just predicting?” Kennedy, Dorsey replied with “both.”

Robert Kennedy is the nephew of the United States’ 35th president, John F. Kennedy, and the latest member of the Kennedy political dynasty to put their name up for a presidential bid.

Kennedy, an environmental lawyer and outspoken vaccine critic, first announced his presidential campaign on April 19. Notably, Kennedy is a strong supporter of cryptocurrencies. During a May 19 keynote speech at the Bitcoin Miami Conference, he told attendees that he would accept donations for his presidential campaign in Bitcoin (BTC).

He has described the flagship cryptocurrency Bitcoin as an “innovation engine” and criticized central bank digital currencies as tools that can “vastly magnify the government’s power to suffocate dissent by cutting off access to funds with a keystroke.”

On May 3, Kennedy also condemned the Biden administration’s proposed tax on crypto mining. He called the proposed 30% tax on energy used by crypto miners “a bad idea,” and claimed that while mining’s energy use was “a concern” it’s “somewhat overstated.” ‘

Related: White House hopeful RFK Jr. says instant payments may lead to ‘financial slavery’

According to a May 27 poll from Fox News, Kennedy commands support from 16% of the Democratic primary voters, which as Fox notes, is a “sizable chunk” for a primary challenger against an incumbent president.

Magazine: Bitcoin is on a collision course with ‘Net Zero’ promises

Crypto Bloodbath: $581M in Derivatives Liquidated Amid Bitcoin’s Fall

Robert F. Kennedy Says US Government Waging War on Crypto, Warns Banking Collapse Just the Tip of ‘Mega Crisis’

Robert F. Kennedy Says US Government Waging War on Crypto, Warns Banking Collapse Just the Tip of ‘Mega Crisis’

US presidential candidate Robert F. Kennedy Jr. thinks US regulators are waging “an extra-legal war on crypto” that’s spurring the recent domestic banking turmoil. Kennedy, who announced last month that he is running in the 2024 presidential campaign as a Democrat, also says the recent high-profile banking failures are just “the tip of an economic […]

The post Robert F. Kennedy Says US Government Waging War on Crypto, Warns Banking Collapse Just the Tip of ‘Mega Crisis’ appeared first on The Daily Hodl.

Crypto Bloodbath: $581M in Derivatives Liquidated Amid Bitcoin’s Fall