Robert F. Kennedy Jr promotes the value of cryptocurrency for personal freedom and economic advancement.

Independent Presidential candidate Robert F. Kennedy Jr stressed the significance of safeguarding transactional freedom with the use of cryptocurrency in order to stimulate economic growth in the United States.

In regards to Donald Trump’s recent change in approach towards cryptocurrency, Kennedy Jr expressed his approval and called on President Joe Biden to embrace progress by endorsing the use of crypto. He said, “I am content with the decision and I hope President Biden will also adopt this stance.”

While refraining from commenting on Trump’s legal issues, Kennedy Jr highlighted the potential impact of the court ruling on the pro-crypto Republican candidate. He also called for more support from figures like SEC Chair Gary Gensler for decentralized currencies like Bitcoin (BTC) to address the current challenges in the U.S. financial system.

At Consensus 2024, Kennedy Jr highlighted the potential of blockchain tech and cryptos in enabling a decentralized economy, giving people autonomy over their finances without interference from the government.

The Importance of Clear Crypto Regulations

Kennedy Jr emphasized the importance of the government guaranteeing ownership of digital assets, control of sovereign wallets, and prevention of scams such as FTX by implementing a comprehensive regulatory system for cryptocurrency.

He supported treating cryptographic currencies as equivalent to traditional currencies and not subject to taxation on profits, giving individuals the choice to invest in digital currencies and utilize them for financial transactions.

Renowned professionals such as Meltem Demirors, Chief Strategy Officer at Coinshare, and Chris Dixon, Founder of A16z Crypto, echoed Kennedy Jr’s beliefs, emphasizing the potential impact of the crypto voting community in the upcoming presidential elections.

According to a recent survey, more than 44% of voters take into account policies related to blockchain when choosing between candidates, highlighting the increasing significance of digital assets in the political realm.

Although there are uncertainties regarding US regulatory decisions, Congressman Tom Emmer proposed that the end-of-year Senate session could be a chance to establish clear rules for digital assets before the start of the next year.