U.S. presidential hopeful Robert Kennedy Jr. has supported Bitcoin (BTC) while speaking against central bank digital currencies (CBDCs) in a May 5 Twitter thread.
According to Kennedy, currency digitization has already given the government unprecedented powers to surveil and control economic life. He believes CBDCs would further “magnify the government’s power to suffocate dissent by cutting off access to funds with a keystroke.”
The presidential candidate’s rhetoric against CBDCs is unsurprising, considering he once described them as a tool for “financial slavery and political tyranny.”
Meanwhile, Kennedy said Bitcoin allows people to conduct transactions without government interference. He further described the flagship digital asset as a “lifesaver for people’s movements around the world.”
Governments financially censor their political enemies
Without CBDCs, Kennedy highlighted how governments have financially censored their political enemies. He said this tends to
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