Bitcoin is a way out from the turbulence caused by the Fed
Bitcoin is a way out from the turbulence caused by the Fed
Robert F. Kennedy Jr.-The nephew of former President John F. Kennedy, who challenged Joe Biden for the nomination of the Democrats in the 2024 elections-blamed the Federal Reserve for the current disturbing state of the finance sector.
He believes that cryptocurrencies like Bitcoin could serve as a rescue boats for individuals "if this bubble bursts without exception".
Pro Bitcoin and Anti CBDC
The Presidential Election Campaign 2024 in the United States includes some interesting names, such as Robert F. Kennedy Jr.-A nephew by John F. Kennedy (murdered in 1963). The democratic candidate has controversial views on many provocative topics. For example, he is a sharp critic of the COVID 19 vaccination program, a pronounced environmentalist and an opponent of nuclear power.
in a recent tweet , Kennedy also presented himself as a Bitcoin supporter. He claimed that the Federal Reserve worked with a number of leading banking institutions between 2008 and 2022 to print a colossal amount of money. In his opinion, this policy could trigger an additional monetary imbalance in the future and represent BTC as an asset that could offer individuals in the middle of the possible tumult:
"Cryptocurrencies like Bitcoin offer the public an escape route from the splatter zone when this bubble bursts without exception. The white house works with the bankers to keep us all in the bladder of the greed for profit and control."
Kennedy went on and accused the incumbent President Joe Biden, the Doj, the FDIC and other authorities "made it up to weapon" in order to force a few banks to operate the operation of cryptocurrency companies at the end of last year. remember that the collapse of the well-known Silicon Valley Bank, Silvergate Capital and Signature Bank recently shaked the American banking system. All of them used several crypto customers and caused considerable losses to investors. then Kennedy refused the possible introduction of a digital dollar and argued that the government could use it as a "ultimate mechanism for social surveillance and control". Ron Desantis-Governor of Florida, who could run from a Republican side for the presidential office-is also an opponent of creating a CBDC in the USA. er blown up such a financial product as a surveillance instrument and suggested its complete ban on the territory of Florida. It compared a potential digital dollar with China's e-Cny, where the central bank allegedly uses it to monitor transactions and "to be accessed and prevent services". Desantis also recalled the situation in Nigeria, where the authorities limited the withdrawals to ATMs to promote the introduction of Enaira. But this policy asked massive protests in February. Selected image with the friendly approval of stat News . Robert F. Kennedy Jr., The Guardian
Desantis is also against CBDCS