Image default
Bitcoin

Bitcoin Gets Backing From US Pres’l Candidate, Says Crypto Supports Civil Rights


US presidential candidate Robert F. Kennedy Jr. has emerged as a fervent advocate for Bitcoin, elevating the cryptocurrency into the realm of civil liberties. Characterizing himself as a “lifelong defender of civil liberties,” Kennedy passionately endorsed the crypto as a manifestation of the very freedoms he holds dear. 

With the impending presidential election looming, Kennedy strategically pivoted to emphasize the significance of Bitcoin and the broader landscape of digital assets, using his platform of choice, X (formerly Twitter).

Robert F. Kennedy Jr. Champions Digital Assets In The Political Arena

Kennedy has seamlessly woven digital assets into the fabric of his campaign, underscoring his devotion to the cause with declarations that echo sentiments expressed in recent months. 

Underlining his pro-crypto stance, Kennedy boldly pledged to shield cryptocurrencies from capital gains taxes if elected—an announcement that resonated deeply within the cryptocurrency community. This position not only further solidified his commitment to the digital realm but also signaled a departure from conventional fiscal policies.

Bitcoin Becomes Personal For Kennedy

Unveiling an aspect of his dedication to the cause, Kennedy divulged that he recently invested in Bitcoin himself. Following his appearance at a prominent Bitcoin conference in Miami, Kennedy proclaimed that he “decided to put my money where my mouth is,” underscoring his unwavering support for the cryptocurrency. 

BTC market cap at $506 billion on the daily chart: TradingView.com

This move set an example for his supporters and solidifying his authenticity in the crypto sphere. Intriguingly, after the conference, the presidential candidate demonstrated his commitment by gifting two Bitcoins to each of his seven children, thereby further embedding the concept of digital assets within his family legacy.

Navigating Choppy Waters In Crypto Markets

In a climate where cryptocurrency markets are often defined by their volatility, Kennedy’s endorsement of Bitcoin has come amidst a backdrop of fluctuating prices. As evidenced by the current BTC price of $26,022, reflecting a minor decline of 0.1%, and a notable seven-day slump of 10.8%,

Bitcoin hangs steady on the $26K level. Chart: TradingView.com

In the realm of politics, where candidates’ positions on technology and digital innovation are often scrutinized, Kennedy’s outspoken support for Bitcoin shines a spotlight on the evolving intersection of digital assets and civil liberties. 

With bold promises and tangible investments, Kennedy has steered his campaign into uncharted waters, leaving a mark on both the political and cryptocurrency landscapes.

Notably, his resolute advocacy of Bitcoin as an embodiment of civil liberties invigorates discussions surrounding the intrinsic value and transformative potential of digital assets. 

Featured image from Forbes





Source link

Related posts

Luxor Technologies Acquires Ordinalhub to Provide Tools for Bitcoin-Based NFTs – Bitcoin News

Melodie Denning

DOT Remains Near Multi-Month High, as LINK Hits 9-Day High – Market Updates Bitcoin News

Melodie Denning

Bitget Expands Innovation Zone With Priority Access to Exceptional Projects – Press release Bitcoin News

Melodie Denning

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy