Robert F. Kennedy Jr. To Make First Appearance As U.S. Presidential Candidate At Bitcoin 2023
Renowned environmental activist and US Presidential candidate, Robert F. Kennedy Jr. will be making his first official appearance as a candidate at Bitcoin 2023. The conference is slated to be held in Miami from May 18-20, 2023, and is expected to draw a huge gathering of Bitcoin enthusiasts, industry experts and key stakeholders.
Speaking ahead of the conference, Kennedy expressed his unwavering support for Bitcoin and criticized President Biden’s proposal to impose a 30% tax on cryptocurrency mining. He argued that it is an ill-advised move that stifles progress in the industry.
Kennedy further emphasized that concerns around Bitcoin’s supposed negative environmental impact are rather overstated. He believes that Bitcoin mining consumes only about as much energy as video games, and that the argument on energy usage is merely a pretext to suppress innovations that threaten elite powers.
On the issue of crypto regulation, Kennedy averred that stringent control of digital assets to tackle illicit activities such as money laundering does not hold the solution. He noted that government control on bank accounts and payment networks often results in crushing dissent and infringing on privacy. Kennedy contended that in the absence of government trust, cryptocurrencies such as Bitcoin are needed to preserve freedom.
Kennedy also stressed the significance of fostering a healthy, diverse ecology of currencies rather than a single, centrally controlled one. He opined that a well-diversified currency portfolio engenders resilience to economic shocks.
His upcoming appearance at Bitcoin 2023 is expected to widen Kennedy’s scope and reach with the Bitcoin community. His views on Bitcoin, and optimistic outlook for the industry, have generated considerable attention and could sway others to support him in his bid for the presidency in the upcoming elections.
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The material in this article is written on the basis of another article.