“A Calamity for Human Rights” – Robert F. Kennedy Jr to End CBDC Development if Elected President
“A Calamity for Human Rights” – Robert F. Kennedy Jr to Quit CBDC Pattern if Elected President
United States Presidential candidate Robert F Kennedy Jr talked about a Central Bank Digital Forex (CBDC) would outcome in govt aid watch over over non-public funds and vowed to whole all efforts in opposition to its construction.
In a present video posted on X (formerly Twitter), Kennedy highlighted his plans for monetary freedom and reiterated his stance on CBDCs and Bitcoin (BTC) forward of the elections.
Dr. Joseph @Mercola and I focus on monetary freedom in the 21st century. As president, I will extinguish the efforts to transfer toward a CBDC. #Kennedy24 pic.twitter.com/gao3D1HAeM
— Robert F. Kennedy Jr (@RobertKennedyJr) January 24, 2024
In opposition to a United States CBDC
The Democratic candidate notes that he disagrees with a transfer by the United States Executive to starting up a CBDC calling it an instrument of govt aid watch over over electorate.
This aid watch over and scrutiny over every transaction treasure an alcohol or medication devour will heighten political stress on customers and outcome in blackmail.
“It’s a calamity for human and civil rights. In China, they ragged Central Bank Digital Currencies and made them programmable so that if your social credit rating standing drops below a definite quantity for instance… treasure your obtain below your nostril, the govt. can shut off your money.”
Per the candidate, the post became section of a dialogue on monetary freedom in the 21st century with Dr Joesph Mercola who hosts a podcast “Take Control of Your Health.” Mercola also researches different COVID-19 treatments.
Describing a horrific world of CBDC’s he added that it could perhaps with out a doubt field electorate below dwelling arrest as they won’t have the selection to amass gasoline or airplane tickets without the govt.’s approval.
This can lead to customers behaving in a definite scheme to withhold the house quo taking away their freedom and giving the govt. “absolute aid watch over.”
If elected President, Kennedy vowed to whole all efforts to transfer in opposition to a CBDC in the nation and uphold paper currency (fiat) alongside diverse decisions.
Kennedy Stands with Bitcoin
Kennedy has been a protracted-term public defender of Bitcoin and has restated his views as he termed BTC a higher different than money.
He eminent that decisions treasure Bitcoin give customers freedom and higher protection amid inflation “and the whole diverse hazards that approach with fiat currencies.”
Kennedy’s advertising and marketing and marketing campaign began accepting Bitcoin and it became later printed that he holds between $100,000 and $250,000 worth of Bitcoin.
Beforehand, he warned against the dangers of CBDCs in an interview on the “What Bitcoin Did” podcast criticizing govt-backed crypto as a threat to day to day monetary freedom as authorities and banks will track every transaction.
“Transactional freedom is extreme and Bitcoin is the acknowledge to that because no one controls it. It’s this incredibly orderly resolution that affords us transactional freedom and freedom all over the arena.”
Worn US President Donald Trump has also vowed to block all makes an strive to make a CBDC in the United States of elected President making cryptocurrencies a heated topic forward of the polls.
Source : cryptonews.com
