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US Presidential Candidate Backs Bitcoin and Promises Tax Exemption for BTC if Elected

by Joseph Jolie
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US Presidential Candidate Robert F. Kennedy Jr. Supports Independent Currencies

US presidential candidate Robert F. Kennedy Jr. has recently made headlines with his support for a free currency that is independent and not controlled by the government.

Kennedy’s Concerns on Government Restrictions and Digital Currencies

Kennedy is very concerned about government restrictions on Bitcoin and opposes central bank digital currencies, believing they will become tools of power and control. He plans to issue some treasury bonds backed by Bitcoin, platinum, gold, silver and other assets.

Consistent Stance on Bitcoin

Kennedy’s stance on Bitcoin remains consistent. He had previously promised to exempt Bitcoin from capital gains taxes and begin backing the US dollar with hard assets like Bitcoin. In fact, Kennedy confirmed that he owned Bitcoin in July 2023; this was something he had previously disputed but was recorded on a financial disclosure form.

Kennedy’s Vision and Campaign Platform

Kennedy’s vision of a free currency and his opposition to central bank digital currencies are part of his broader campaign platform. He is running for president on a platform that includes a focus on environmental issues, social justice and economic reform.

Kennedy’s Vision and Campaign Platform

Kennedy’s vision of a free currency and his opposition to central bank digital currencies are part of his broader campaign platform. He is running for president on a platform that includes a focus on environmental issues, social justice and economic reform.

Kennedy’s Support for Independent Currencies

Kennedy’s support for independent currencies comes at a time when there is growing interest and debate around the role of digital currencies. He believes that a currency independent from government influence is crucial for maintaining financial freedom.

Kennedy’s Advocacy for Economic Reform

Kennedy’s advocacy for an independent currency is part of his broader advocacy for economic reform. He believes that a free and independent currency can help address economic inequalities and empower individuals to have more control over their financial lives.

Kennedy’s Calls for Caution

Kennedy’s support for independent currencies comes with a word of caution. He emphasizes that his support and vision for independent currencies is not investment advice, but rather a reflection of his broader stance on economic and financial issues.

In conclusion, Robert F. Kennedy Jr.’s support for independent currencies and his opposition to central bank digital currencies are part of his larger vision for economic reform and financial empowerment. As he continues his presidential campaign, his stance on these issues is likely to prompt further discussions and debates on the role of currencies in shaping economic and financial systems.

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