Professional-crypto RFK Jr. leaves Democrats to marketing campaign for U.S. president as unbiased

by Jeremy

Professional-crypto candidate for the US presidency Robert F. Kennedy, Jr., typically identified merely as RFK Jr., introduced on Oct. 9 at a rally in Philadelphia that he was dropping his bid for nomination within the Democratic main to run as an unbiased as a substitute. “I’m right here to declare myself an unbiased candidate,” he mentioned.

Kennedy has been a supporter of crypto, and he said that one of many targets of his administration can be “making America the worldwide hub of cryptocurrency, notably Bitcoin.” He revealed plans in July to again the USD with “arduous foreign money,” reminiscent of gold, silver, platinum and Bitcoin (BTC).

Kennedy was additionally a vocal opponent of the Federal Reserve’s FedNow immediate fee system, equating it with a central financial institution digital foreign money (CBDC) and stating in a Twitter (now X) submit that “CBDCs grease the slippery slope to monetary slavery and political tyranny” and there was an “apparent hazard that this is step one in banning and seizing bitcoin.” The U.S. Federal Reserve Board later launched a public-awareness marketing campaign to distinguish FedNow from CBDC.

Kennedy had been teasing his choice for a number of days. The super-PAC (political motion committee) supporting him, American Values 2024, launched polling outcomes on Oct. 2 that, it claimed, confirmed he can be the strongest unbiased candidate within the fashionable historical past of U.S. elections, with the help of 19% of the citizens. That’s in comparison with 38% help for U.S. President Joe Biden and former president Donald Trump.

A whole lot of unbiased candidates have declared their candidacy within the 2024 presidential race, however few of them have attracted widespread discover. The one remaining democratic occasion challenger to Biden is now author Marianne Williamson.

The Kennedy identify has been intently related to the Democratic Celebration for generations, however RFK Jr.’s positions on quite a lot of points, reminiscent of his opposition to vaccines, have alienated him from the occasion mainstream and his family.

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Kennedy’s views on crypto have been typically similar to these of Republican presidential contender and Florida governor Ron DeSantis. DeSantis shared Kennedy’s antipathy for FedNow and CBDC, in addition to his help for Bitcoin. Polls present DeSantis working a distant second to Trump for the Republican main nomination.

With Biden and Trump main the polls for the 2 primary U.S. events, it appears potential the subsequent president might be a crypto opponent who helps CBDC, regardless of options inside the trade that crypto might be a decisive challenge for voters within the 2024 presidential election.

Journal: Opinion: GOP crypto maxis nearly as unhealthy as Dems’ ‘anti-crypto military’