Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
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.
He can and will https://t.co/zrKLc2BKhz
— jack (@jack) June 4, 2023
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
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.