On Monday, Robert F. Kennedy Jr. again warned the public against central bank digital currencies (CBDCs), noting that the Biden administration has rolled out “a series of hostile measures against cryptocurrencies.” Kennedy, who recently applied to run for president of the United States in 2024 as a Democrat, also emphasized that when the bubble bursts, “bitcoin provides us with a way out.”
“White House colluded with banks”
RFK small The Fednow service was discussed on Monday after the Fed announced a new policy Advisory Notice Confirm that the service is not a digital currency, CBDC or cash substitute. Kennedy said the claim would be more believable if people weren’t aware of “the Biden administration’s repeated efforts to curb cryptocurrencies.” The up-and-coming presidential candidate also shared information from a Pirate Wires post by Nic Carter discussing Operation Choke Point.
Kennedy explained:
“The recent cryptocurrency crackdown has blocked exports, removed alternative hedges, and increased government control over the financial and political system.” Additionally, he discusses the massive monetary expansion that has occurred in the U.S. over the past decade. From 2008 to 2022, the Fed partnered with major banks to print $10 trillion — 10 centuries’ worth of assets in 15 years — which has been a boon for bankers. “
Kennedy also asserted that Bitcoin, a peer-to-peer electronic cash system, is providing a means of protection for people from the financial turmoil that will lead to inevitable future collapse.
“Cryptocurrencies like Bitcoin give the public a way out of the danger zone where the bubble can burst at any time. So the White House is colluding with the bankers to keep us all in a bubble of profiteering and control.”
CNN Poll Shows Majority of Democratic Voters Want to See Alternate Candidate
Kennedy Apply Running for office on April 5, 2023, he will become the fourth member of the family to run for President of the United States. He was the grandson of Democratic Presidents John F. Kennedy (JFK) and son of Robert F. Kennedy (RFK), both of whom were assassinated.Kennedy expected Candidacy will be formally announced at an event in Boston on April 19, 2023. Kennedy tweeted that people “should be wary” of CBDCs, calling them a “last resort to monitor and control society.”
The Democratic candidate also mentioned venture capitalist and angel investor Balaji Srinivasan, who recently discussed the difference between the Fednow project and a CBDC. Balaji likened the Fednow service to “a virus that avoids recognition by changing its sequence without actually changing its function,” Kennedy wrote. U.S. President Joe Biden is likely to run in 2024, but a recent CNN poll showed many U.S. Democrats want to see a new candidate.
“Most Democrats say they want to see a fresh face as the party’s presidential nominee next year.”
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