Wednesday, December 4, 2024

Pro-crypto RFK Jr. leaves Democrats to campaign for U.S. president as independent

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Professional-crypto candidate for the US presidency Robert F. Kennedy, Jr., typically identified merely as RFK Jr., announced on Oct. 9 at a rally in Philadelphia that he was dropping his bid for nomination within the Democratic main to run as an impartial as a substitute. “I’m right here to declare myself an impartial candidate,” he mentioned.

Kennedy has been a supporter of crypto, and he stated that one of many objectives of his administration can be “making America the worldwide hub of cryptocurrency, notably Bitcoin.” He revealed plans in July to back the USD with “hard currency,” resembling gold, silver, platinum and Bitcoin (BTC).

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Kennedy was also a vocal opponent of the Federal Reserve’s FedNow immediate cost system, equating it with a central financial institution digital forex (CBDC) and stating in a Twitter (now X) publish that “CBDCs grease the slippery slope to monetary slavery and political tyranny” and there was an “apparent hazard that this is step one in banning and seizing bitcoin.” The U.S. Federal Reserve Board later launched a public-awareness campaign to distinguish FedNow from CBDC.

Kennedy had been teasing his determination for a number of days. The super-PAC (political motion committee) supporting him, American Values 2024, released polling outcomes on Oct. 2 that, it claimed, confirmed he can be the strongest impartial candidate within the fashionable historical past of U.S. elections, with the assist of 19% of the voters. That’s in comparison with 38% assist for U.S. President Joe Biden and former president Donald Trump.

A whole bunch of impartial candidates have declared their candidacy within the 2024 presidential race, however few of them have attracted widespread discover. The one remaining democratic celebration challenger to Biden is now author Marianne Williamson.

The Kennedy identify has been intently related to the Democratic Get together for generations, however RFK Jr.’s positions on a wide range of points, resembling his opposition to vaccines, have alienated him from the celebration mainstream and his family.

Associated: One less crypto-friendly candidate — Miami mayor ends US presidential run

Kennedy’s views on crypto have been typically similar to these of Republican presidential contender and Florida governor Ron DeSantis. DeSantis shared Kennedy’s antipathy for FedNow and CBDC, in addition to his support for Bitcoin. Polls show DeSantis operating a distant second to Trump for the Republican main nomination.

With Biden and Trump main the polls for the 2 principal U.S. events, it appears attainable the subsequent president will be a crypto opponent who helps CBDC, regardless of suggestions within the industry that crypto will be a decisive issue for voters within the 2024 presidential election.

Journal: Opinion: GOP crypto maxis almost as bad as Dems’ ‘anti-crypto army’