It’s only a 32 second video on Twitter and yet this post contains a historical statement. None other than US Presidential candidate Robert F. Kennedy Jr comments on cryptocurrencies. He says he believes Bitcoin is the currency of peace, trust and freedom.
US Presidential Candidate Robert Kennedy Jr: #Bitcoin is “the currency of peace, trust, and freedom. Fiat currency is the opposite.”
— Bitcoin Magazine (@BitcoinMagazine) May 22, 2023
The US presidential candidate from the famous family clan had already warned of the dangers of inflation central bank money in mid-April. Apparently, he is a supporter of cryptocurrencies. But it could also be that he doesn’t want to spoil the target group of crypto-savvy traders.
Bitcoin supporter coming to the White House?
It belongs to one of the most dazzling and tragic families of politicians in the world and has shown itself to be a staunch Bitcoin fan in recent weeks. As a Democrat, he wants to make a name for himself as a challenger to Joe Biden, the incumbent US President, and probably the important ones Secure votes from the crypto communities. Kennedy gave a speech at Bitcoin 2023 in Miami and the audience was enthusiastic.
The politician accepts donations in bitcoin and makes a first for the White House with his support for the number 1 cryptocurrency. Should he really make it by then when the next President of the United States is elected in 2024?
His competitors, such as US Senator Ted Cruz, who is running for Texas and may have to compete against Donald Trump, also find words of praise. Others are promising to vote for Robert F. Kennedy Jr. if he continues to be crypto-friendly.
Kennedy has been considered an underdog so far and his only chance is to win against incumbent President Joe Biden in the primaries. While not impossible, it is considered extremely difficult. Should he still succeed, the next step would be the actual election against Donald Trump or another representative.
US debt dispute fuels Kennedy’s Bitcoin path
Even though it was once again possible to raise the US debt ceiling at the last minute, the week-long dispute over this has fired the mills of crypto fans. Above all, of course, the Kennedy politician.
Around the financial collapse, the classic stock exchanges have shown themselves to be highly volatile. However, this did not affect the altcoins and the leading cryptocurrency Bitcoin much. The charts show at most a sideways movement for the leading coins.
Once again, Bitcoin has proven itself. For the prospective candidate in the next US election, Bitcoin offers a surefire shelter from the financial collapse and an escape route from the misery that the US has found itself in for many years. Ever increasing debts are taken on. At the same time, Bitcoin is establishing itself as a reliable store of value on the financial markets around the world.
Anti-establishment, does Kennedy really support the crypto sector?
Only the Democratic Party’s 2024 presidential candidate can answer that question himself. He might be wise not to answer that if he wants to secure the votes of crypto enthusiasts. He presents himself as a defender of civil liberties such as freedom of speech and summarizes his political goal as combating the corrupt merger of state and corporate power.
Wall Street memes have proven to be a counter-movement to capitalism. The sheer size of the Meme Project’s community demonstrates the importance of the freedom of speech Kennedy stands for. Because in a free world it must be possible to raise your voice. Even if Wall Street Meme does it in an entertaining way.
Robert F. Kennedy Jr. is also extremely critical of central bank digital currencies, which the Wall Street Memes community also actively supports. The goal of Bitcoin was a decentralized financial world and that would not be possible with the intervention of the central banks with their own digital currency. Self-determination, like freedom of speech, is a valuable asset and, from the proponents’ point of view, should also apply to one’s own finances.
So far, Republicans around Trump in particular have appeared in favor of Bitcoin and other cryptocurrencies. Joe Biden, Democrat, is not publicly considered a fan of Bitcoin & Co. So if Kennedy really succeeds in winning the next US presidential election, a crypto-friendly era could begin in the White House.
Conclusion: Bitcoin in the White House? Of course, this would please Wall Street meme supporters and all other cryptocurrency fans. Buy the Wall Street Memes token, $WSM, in 30 pre-sales phases at very cheap prices. Proof that this counter-movement really stands for the bourgeoisie among the people and likes to pillory the rich of the rich. The entertaining memes at least ensure a large reach every time, from which Kennedy should also benefit.
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About the author: Stefanie Herrnberger works as a freelance speaker and editor. Her many years of professional experience in the areas of blockchain, cryptocurrencies and NFTs offer her the perfect background to report on current news and developments on decentralized and central financial markets. Stefanie has been investing in cryptocurrencies for several years. She understands the challenges and opportunities for crypto traders. Publications: https://de.cryptonews.com/editors/stefanie-herrnberger https://blockchain-technologie.digital/ https://www.facebook.com/groups/cryptonewsde/
