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Robert F. Kennedy Jr., who is vying with US President Joe Biden for the Democratic nomination in the 2024 presidential election, has taken to Twitter again to share his thoughts on cryptocurrency.
On May 2, Kennedy criticized Biden for calling the U.S. banking system “safe and sound” the day before. “Today, bank shares are falling. The American people deserve more than glib reassurance and perception management,” he tweeted.
On May 3, Kennedy denounced the Biden administration’s proposed cryptocurrency mining tax. Environmental lawyer Kennedy called the proposed 30 percent tax on energy used by cryptocurrency miners a “bad idea.” He said the energy consumption of the mining industry was a “concern (though somewhat exaggerated)” and continued:
“The environmental argument is a selective pretext to suppress everything that threatens the elite power structures. Bitcoin, for example.
By shifting to “control” of cryptocurrencies, Kennedy found even more reason to speak out against the establishment. “It’s not just criminals who want privacy,” he said. “Governments go after their enemies and suppress dissent by controlling bank accounts and payment platforms.”
On the subject: Bitcoin on the barricades: Ottawa, Ukraine and beyond
The next day, Kennedy expanded on the topic of financial control, recalling the 2022 protests of Canadian truckers against vaccination in Ottawa. The Canadian government has blocked the bank accounts of people supporting the protesters. Kennedy said:
“It’s not wild to imagine that even here in America your bank account could be frozen because of your politics or the comments you’ve made on social media.”
Eventually, he said, GoFundMe blocked U.S. accounts supporting Canadian truckers and diverted donations to them. Meanwhile, Paypal was imposing fines on users for spreading “what they considered misinformation.” Both of these decisions were successfully challenged in court, but Kennedy still saw the hand of big government behind them. “Often these private companies operate out of fear of Congress or regulators, or directly at their behest,” he said.
Please learn the difference, RFK Jr. ✌️https://t.co/Y5EHShNPFA
— Wicked (@w_s_bitcoin) May 3, 2023
“This is why I oppose CBDC [цифровых валют центрального банка]that will greatly enhance the government’s ability to suppress dissent by cutting off access to funds at the touch of a button,” Kennedy concluded.
Kennedy first voiced his opposition to the CBDC in a somewhat confusing tweet regarding the FedNow instant payment system.
I am voting for whomever is procryptocurrency
if anyone is offended by this it means you hate liberty, entrepreneurism, small businesses and the underdogs
— Wendy O (@CryptoWendyO) May 3, 2023
According to CNN on April 29, Kennedy has 19% support among Democrats. He shares his distrust of the CBDC with several Republican politicians such as Florida Gov. Ron DeSantis, who is seen as a possible rival to Republican nominee Donald Trump.
In addition to Kennedy, the writer Marianne Williamson announced her intention to challenge Biden for the presidency of the United States. At the time, she expressed dismay at the Canadian government blocking bank accounts and cryptocurrency wallets in a tweet and stated that “our government has become the handmaiden of the new corporate order” but does not mention cryptocurrencies on her campaign website.