Presidential candidate Robert F. Kennedy Jr. spoke at the Bitcoin 2023 conference and made some bold promises.
Kennedy emphasized his support of Bitcoin, stating that he would protect Americans’ rights to hold and use the asset if elected as the President of the United States. Kennedy added, “I am an ardent defender and lifelong defender of civil liberties, and Bitcoin is both an exercise and a guarantee of those freedoms.”
He discussed how Canada’s clampdown on truck drivers protesting Covid-19 restrictions sparked his interest and understanding of Bitcoin. He believes that Bitcoin serves as a bulwark against government and corporate expansion and intrusion.
Kennedy announced that he will be the first presidential candidate in U.S. history to accept campaign donations in BTC. Moreover, Kennedy outlined plans to exempt Bitcoin mining operations from electricity taxes and allow Americans to mine Bitcoin at home.
These proposals differ significantly from President Biden’s suggestion of imposing a 30% tax on Bitcoin miners, a move that could significantly impact the crypto industry in America.
Kennedy is not alone in his support of Bitcoin.
Congresswoman Tulsi Gabbard, Senator Cynthia Lummis, presidential candidate Vivek Ramaswamy, and Kennedy’s uncle, the 35th U.S. President John F. Kennedy, were all present at the conference and expressed their support for the asset.
Senator Lummis proclaimed, “Bitcoin is something that is just so consistent with American values that we need to make sure it is protected, nurtured and allowed to innovate here in the United States.”