{"id":87646,"date":"2023-11-29T12:55:01","date_gmt":"2023-11-29T10:55:01","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=87646"},"modified":"2025-09-13T13:08:54","modified_gmt":"2025-09-13T10:08:54","slug":"u-s-presidential-candidate-proposes-using-bitcoin-to-counter-cbdcs","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/u-s-presidential-candidate-proposes-using-bitcoin-to-counter-cbdcs\/","title":{"rendered":"U.S. presidential candidate proposes using Bitcoin to counter CBDCs"},"content":{"rendered":"<p>Robert F. Kennedy Jr., a candidate in the current U.S. presidential race, called Bitcoin a response to the threat posed by <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-a-central-bank-digital-currency-cbdc\">CBDC<\/a>, which he described as an &#8216;elegant solution&#8217; for transactional freedoms.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">WBD741 \u2014 <a href=\\\"https:\/\/twitter.com\/RobertKennedyJr?ref_src=twsrc%5Etfw\\\">@RobertKennedyJr<\/a> on Media, US Debt &#038; Bitcoin. We discuss:<br \/>\u2014 Unifying the US w\/ honesty &#038; transparency<br \/>\u2014 Fairness Doctrine &#038; Media bias<br \/>\u2014 US democracy, military spending, &#038; healthcare<br \/>\u2014 Transactional freedom, <a href=\\\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\\\">#Bitcoin<\/a> &#038; government abuse of power<a href=\\\"https:\/\/t.co\/1EcDEeG6kf\\\">https:\/\/t.co\/1EcDEeG6kf<\/a> <a href=\\\"https:\/\/t.co\/Vhy1El5Aob\\\">pic.twitter.com\/Vhy1El5Aob<\/a><\/p>\n<p>\u2014 What Bitcoin Did (@WhatBitcoinDid) <a href=\\\"https:\/\/twitter.com\/WhatBitcoinDid\/status\/1729155470278209553?ref_src=twsrc%5Etfw\\\">November 27, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>In the candidate&#8217;s view, a central bank digital currency could infringe on personal freedoms by allowing the government to track every aspect of citizens&#8217; spending.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>&#8216;We have freedom of expression, but if the government can punish you by closing bank accounts without being charged with a crime, they will have absolute power to turn the population into slaves,&#8217; Kennedy said.<\/p>\n<\/blockquote>\n<p>He noted that CBDC technology attracts technocrats and totalitarians, allowing banks to earn additional fees on transfers.<\/p>\n<p>He warned that national cryptocurrencies could be tied, for example, to a social credit score. This would give governments the right to deprive someone of the ability to use their own money for certain reasons, Kennedy explained.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>&#8216;Transactional freedom is essential, and Bitcoin is the answer to this question, because it is not controlled by anyone. It is precisely this incredibly elegant solution that gives us freedom of transactions and freedom worldwide,&#8217; he concluded.<\/p>\n<\/blockquote>\n<p>Earlier, the politician <a href=\"https:\/\/u1f987.com\/en\/news\/john-f-kennedys-nephew-criticises-cbdc-and-speaks-in-defence-of-bitcoin\">called<\/a> Bitcoin an alternative to the traditional financial system and <a href=\"https:\/\/u1f987.com\/en\/news\/robert-f-kennedy-jr-john-f-kennedys-nephew-criticised-the-sec-for-a-war-on-crypto\">criticized<\/a> American regulators for the &#8216;war on cryptocurrencies,&#8217; which led to a banking crisis in the country.<\/p>\n<p>In June, Kennedy <a href=\"https:\/\/u1f987.com\/en\/news\/u-s-presidential-candidate-pledges-commitment-to-bitcoin\">promised<\/a> to defend citizens&#8217; right to own and use Bitcoin unimpeded.<\/p>\n<p>In October, he said he would defend Bitcoin if elected president, calling it the &#8216;currency of freedom&#8217;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. presidential candidate Robert F. Kennedy Jr. called Bitcoin a response to the CBDC threat, which he described as an &#8216;elegant solution&#8217; for transactional freedoms.<\/p>\n","protected":false},"author":1,"featured_media":87647,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1280,26],"class_list":["post-87646","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-elections","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"28","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/87646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=87646"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/87646\/revisions"}],"predecessor-version":[{"id":87648,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/87646\/revisions\/87648"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/87647"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=87646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=87646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=87646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}