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Presidential Candidate Robert F. Kennedy Jr. Says Right to Use and Hold Bitcoin Will Be ‘Inviolable’ If Elected

« your right to use and hold bitcoin is inviolable »

Robert F. Kennedy Jr., a pro-Bitcoin presidential candidate, has made several statements about his support for Bitcoin and blockchain technology.

In a speech at the 2023 Bitcoin Conference in Miami, he vowed to defend US citizens’ right to hold and use Bitcoin,

saying that « your right to use and hold bitcoin is inviolable ».

He believes that Bitcoin can act as a bulwark against authoritarian censorship and has promised to protect the right to Bitcoin if he is elected president.

Kennedy has also criticized what he calls “invasive surveillance” and believes that Bitcoin must be defended against it.

He has stated that he will defend the right of self-custody of Bitcoin and other digital assets,

and that people should be able to own their own private keys.

Twitter co-founder and CEO of fintech firm Block, Jack Dorsey, has endorsed Kennedy and believes that he “can and will” win the election.

What are the potential implications of a US president supporting Bitcoin and blockchain technology

The potential implications of a US president supporting Bitcoin and blockchain technology are significant and far-reaching.

Here are some of the possible implications :

  • Increased adoption: A pro-Bitcoin president could lead to increased adoption of Bitcoin and other cryptocurrencies, as well as blockchain technology, by individuals, businesses, and governments.
  • Regulatory clarity: A president who supports Bitcoin and blockchain technology could provide regulatory clarity, which would help to reduce uncertainty and encourage investment in the industry.
  • Innovation: A president who supports Bitcoin and blockchain technology could encourage innovation in the industry, leading to new use cases and applications.
  • Economic growth: The growth of the Bitcoin and blockchain industry could lead to economic growth, as well as job creation, which would benefit the US economy.
  • International leadership: A pro-Bitcoin president could position the US as a leader in the global Bitcoin and blockchain industry, which could have geopolitical implications.
  • Privacy and security: A president who supports Bitcoin and blockchain technology could prioritize privacy and security, which are important issues in the industry.
  • Consumer protection: A president who supports Bitcoin and blockchain technology could prioritize consumer protection, which would help to prevent fraud and other forms of abuse.

Overall, a US president who supports Bitcoin and blockchain technology could have a significant impact on the industry, as well as the broader economy and society.

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