Presidential candidate Robert F. Kennedy Jr., also known as RFK Jr., argues that U.S. policymakers are increasingly recognizing Bitcoin’s inevitability and are rushing to establish a coherent digital asset strategy to maintain America’s financial leadership.
In an exclusive interview with Cointelegraph during the 2024 Bitcoin Conference in Nashville, Tennessee, RFK Jr. elaborated on his experiences with Bitcoin and its potential role in the nation’s monetary system.
Having left the Democratic Party in October 2023 to run as an independent, RFK Jr. reflected on his awareness of Bitcoin’s “transactional freedom” during the trucker strike in Canada.
He described the strike as “a very peaceful protest” where individuals were “exercising freedoms that we take for granted in this country, [like] freedom of assembly, freedom to petition their government.”
He noted that the Canadian government “portrayed it publicly as kind of a terrorist event,” and employed technologies like facial recognition to identify participants and freeze their bank accounts.
“I realized at that time that transactional freedom was as important as freedom of expression that is protected by the First Amendment,” RFK Jr. said.
Over two years later, he observes that U.S. policymakers are acknowledging the presence of 60 million Bitcoin users in the country, prompting a shift in their approach to digital asset regulation.
“I think now it’s past the point where it’s inevitable.
“And now, we need to move as a country that’s able to get some control over Bitcoin as part of a reserve,” he stated.
RFK Jr. believes that establishing a strategic Bitcoin reserve is essential for ensuring the future of the dollar as a permanent global reserve currency.
This move, he suggests, would help the United States retain its economic dominance in an increasingly digital world.
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