U.S. presidential hopeful Robert Kennedy Jr. has expressed his support for Bitcoin and opposition to central bank digital currencies (CBDCs) in a Twitter thread. Kennedy believes that CBDCs would give the government unprecedented power to surveil and control economic life, while Bitcoin allows people to conduct transactions without government interference. He also highlighted examples of governments financially censoring their political enemies, citing the Canadian government's freezing of the bank accounts of over 200 individuals protesting against the vaccine mandate. Several U.S. politicians and states have also taken a stand against CBDCs, citing the risk of financial censorship, though some stakeholders have warned that anti-CBDC moves could hurt Bitcoin.
(By Oluwapelumi Adejumo)
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