Robert F. Kennedy Jr Wants to Move US Budget Management to the Blockchain
Robert F. Kennedy Jr Wants to Trudge US Funds Management to the Blockchain
Presidential candidate Robert F. Kennedy Jr. is dedicated to transforming the US budget system by adopting blockchain technology. He revealed his plans all the blueprint through a campaign rally in Michigan on April 21, the place he explained that the shift would allow American citizens to get admission to “every budget item anytime they need, 24 hours a day.”
Throughout his campaign, Robert F. Kennedy Jr. emphasized the importance of providing voters limitless get admission to to authorities budgets. He vowed to amplify transparency and accountability through blockchain technology, which represents a departure from passe budgetary practices. The purpose is to allow taxpayers to observe the place and how every cent of their taxes are spent.
Robert F. Kennedy Jr. Helps Blockchain’s Decentralization & Transparency
NEW: 🇺🇸 RFK Jr. says “I’m gonna build the total US budget on blockchain”
“Every American can appreciate at every budget item within the total budget, anytime they need, 24 hours a day.”
“We’re gonna private 300 million eyeballs on our budget!” pic.twitter.com/TBpkcXt5i1
— Radar🚨 (@RadarHits) April 22, 2024
“We’re gonna private 300 million eyeballs on our budget, and if any individual is spending $16,000 for a lavatory seat, everyone’s gonna discover it,” he acknowledged.
Blockchain is suitable for authorities budgets due to its transparency and immutability. It affords a obtain and tamper-proof transaction file, averting monetary misappropriation and permitting the public to envision authorities employ of funds and be obvious that accountability.
Elevated accountability promotes integrity in public governance and reduces corruption. In accordance to the Global Financial Fund (IMF), 2.5% of the enviornment’s Inappropriate Domestic Product (GDP), estimated to be $1.4 to $2.6 trillion, is misplaced through corruption.
This proposed switch by Kennedy has sparked on-line debates among US residents and crypto patrons.
As is anticipated, many within the crypto neighborhood private praised the premise as modern and a obtain skill to fight corruption.
THIS ALONE is a purpose I will vote for RFKjr.
This may perchance crash my heart if Tulsi is chosen as VP with Trump, but inserting the total US budget on blockchain would be transformative.
I don’t assume in silver bullets, but that is a shut as one gets to one.
Okay… I’m all in… https://t.co/Te7pEUXuxL
— Alan Myron : E Pluribus Unum 🌺 (@AlanMyron) April 22, 2024
Some critics private raised issues, then all every other time, suggesting that Kennedy’s blockchain belief implies beef up for a central monetary institution digital forex (CBDC), which contradicts his earlier decision to jeopardize US efforts to introduce a CBDC if elected, as he claimed its infringement on privateness.
In January 2024, Kennedy argued that a CBDC would allow the authorities to observe every citizen’s transaction, doubtlessly leading to blackmail, which he deemed a “calamity for human rights and civil rights.”
Dr. Joseph @Mercola and I state about monetary freedom within the 21st century. As president, I will cease the efforts to switch in opposition to a CBDC. #Kennedy24 pic.twitter.com/gao3D1HAeM
— Robert F. Kennedy Jr (@RobertKennedyJr) January 24, 2024
Cardano’s Founder Endorses Robert F. Kennedy Jr.
Robert F. Kennedy Jr. is working as an Honest candidate within the drawing near near US presidential election scheduled for November 2024.
He is eminent for his solid advocacy of Bitcoin and blockchain technology, making him indubitably one of the most few presidential candidates to endorse decentralized technology and the predominant to accept Bitcoin for campaign donations. If elected, he has also proposed a belief to back the US dollar with Bitcoin while hailing cryptocurrency as the most attention-grabbing hedge in opposition to inflation.
Curiously, Charles Hoskinson, the founder of Cardano, supported Kennedy Jr’s crypto-friendly stance on April 4.
Crypto guru and Cardano co-founder Charles Hoskinson (@IOHK_Charles) endorses RFK Jr., announcing he’s the most attention-grabbing particular person to back this November.
#KennedyShanahan24 pic.twitter.com/a0taHwr0cD
— Robert F. Kennedy Jr (@RobertKennedyJr) April 17, 2024
Hoskinson believes Kennedy is the very excellent various for voters, describing him as any individual “who also can originate a distinction regardless if he wins.”
Cardano’s founder reiterated his beef up following the most up-to-date announcement of Kennedy’s family to beef up incumbent President Joe Biden within the election.
Vitality is the most attention-grabbing forex of Washington. Kennedy is considered as a longshot but a capability spoiler. Thus, the machine drags the Kennedy family out in front of the public to endorse Biden.
I work with my dad and brother. If they ran for office, no topic their politics, I would… https://t.co/pb39P8BUtM
— Charles Hoskinson (@IOHK_Charles) April 19, 2024
While Hoskinson expressed dissatisfaction with the announcement, he described Kennedy as an underdog with the capability to disrupt the upcoming presidential speed.
Source : cryptonews.com
