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Robert F Kennedy Jr. is set to make his debut as a US presidential candidate Bitcoin Conference 2023 In Miami, it will happen May 18-20. In a recent statement, Kennedy expressed his support for Bitcoin and deplore President Biden has proposed a 30% tax on cryptocurrency mining, stating that it is wrong for the US government to stifle innovation in the industry.
Kennedy also addressed concerns about the environmental impact of bitcoin mining, stating that the energy use argument is exaggerated and that bitcoin mining consumes just as much energy as video games. He believes the environmental argument is being used as a pretext to crack down on anything that threatens elite power structures, including bitcoin.
In addition, Kennedy argued that strict censorship of cryptocurrencies to prevent their use by criminals is not the answer. He noted that dissidents and ordinary citizens also need privacy and that governments often control bank accounts and payment platforms to crush dissent. Kennedy believes that until confidence in government is restored, cash and bitcoin are necessary to ensure freedom.
Kennedy also spoke about the importance of a diversified environment for currencies, rather than just one centrally controlled one. He believes that just as a biodiverse ecosystem is more resilient, so will our economy be more resilient with a variety of currencies.
Previously, Kennedy said that there are “is a misunderstanding“From Critics Who Claim Bitcoin’s Energy Use Is Bad, Americans Need Bitcoin”to ensure freedom.“
Kennedy’s support for Bitcoin and his appearance at the Bitcoin 2023 conference is likely to garner interest from Bitcoin enthusiasts and the media alike. As a presidential candidate, his views on Bitcoin and its role in our economy will be watched closely in the coming months.