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Bitcoin continues to become a major discussion in the political landscape, as United States GOP Presidential candidate Robert F. Kennedy Jr has declared that Bitcoin is the way that individuals in the nation can achieve transactional freedom. Kennedy emphasized the value of financial independence and privacy and cited BTC’s decentralized structure as a major component for residents to conduct transactions without intervention from institutions or the government.
Bitcoin Represents Pathway To Transactional Independence
TFTC, a media company, shared the Presidential candidate Robert F. Kennedy Jr’s opinion on the X (formerly Twitter) platform on Thursday, alongside a clip of Kennedy in an interview on CNBC. In the interview, the crypto advocate started by disclosing his confidence in BTC’s future value growth, noting he still holds some of it.
When asked about Bitcoin’s real role in the financial system, since some members of Congress desire for the asset to be banned in the US, Kennedy answered saying they want it outlawed because large banks like JP Morgan and Blackrock, which profit from inflation and money printing by the Federal Reserve (FED), are funding them.
He further noted that the American middle-class class citizen is getting rolled by these Congress members, and Bitcoin is the exit from the FED money printing machine. This is because the crypto asset is considered a hard currency while stressing the need to make it transactional available to middle-class citizens and those who desire to safeguard themselves against economic turmoil like inflation, allowing them to have control over their funds.
Kennedy pushed for transactional freedom among the residents because he believed it was as important as freedom of speech, drawing attention to a scenario in Canada where the government shut down the citizens’ bank accounts after initiating a peaceful protest.
By doing so, the government could control the residents’ transactional freedom thereby controlling their speech, and according to the presidential candidate, Bitcoin is the only means against this government’s control over citizens’ financial independence. “Transactional freedom is as important as freedom of speech, and you only get that from Bitcoin, and we are not going to get that as long as the government controls our digitalized currencies,” Kennedy stated.
Will The US BTC Holdings Worth $615 Billion Under Kennedy?
In recent weeks, Robert K. Kennedy Jr has demonstrated his staunch support for BTC, endorsing it as a potential asset that could lead to a financial breakthrough for the US. In another interview on The Street with popular YouTuber, Scott Melker, Kennedy has revealed his plans to make the US the largest owner of Bitcoin.
Currently, the nation is the largest owner of Gold, with over 8,134 tons of the precious metal, valued at a whopping $615 billion. Should Kennedy be elected as the next president of the country, he intends to mirror this value in BTC, which will bring the US holding to over 9.4 million BTC.
Featured image from Shutterstock, chart from Tradingview.com
