Presidential candidate Robert F. Kennedy Jr. hit a milestone at the Bitcoin 2023 conference, expressing his unwavering support for Bitcoin and sharing his personal experience with the cryptocurrency.
Kennedy emphasized that if elected president, he would ensure that individuals’ rights to own and use bitcoin are protected, and claimed to be a passionate advocate and lifelong defender of civil liberties, and bitcoin was both an exercise of those freedoms and a guarantee .
In his speech, Kennedy criticized the Biden administration’s proposed regulations, including a tax on miners’ energy use, expressing his contempt for such measures. He also outlined what steps his administration will take to promote bitcoin innovation in the United States.
First and foremost, I will defend the right to self-custody of bitcoin and other digital assets,” Kennedy declared, emphasizing the importance of individuals having full control over their cryptocurrencies.
“Secondly, I will uphold our nation’s right to operate nodes, ensuring their autonomy. I will support use-neutral and industry-neutral energy regulations. Finally, I will ensure that the U.S. remains the global center for bitcoin and other cryptocurrencies, reversing the The government’s growing hostility to the industry.”
The audience responded with a round of applause, recognizing Kennedy’s commitment to protecting the digital asset industry and its fundamentals. His comments echo the sentiments of many bitcoin enthusiasts and advocates who have expressed concern about increased regulatory scrutiny and potential violations of personal liberties.
Kennedy’s appearance at the Bitcoin 2023 conference marks a pivotal moment at the intersection of politics and digital currencies. As the presidential candidate stresses the importance of bitcoin and its potential to reshape the financial system, he’s trying to galvanize a diverse group of supporters who share his vision for a prosperous and free digital economy.
The announcement comes at a time when the cryptocurrency industry faces increasing regulatory scrutiny and a changing global political landscape. Kennedy’s candidacy could provide a platform for meaningful conversation and action on the future of digital assets, especially Bitcoin, within the United States.
As the 2024 presidential race gathers momentum, Robert F. Kennedy Jr.’s demonstrated commitment to maintaining self-custodial rights for Bitcoin and other digital assets will no doubt resonate with voters, prompting Reassess current policy and possibly shape the future landscape of cryptocurrency regulations in the country.