Jack Dorsey Shows Support for Robert F. Kennedy Jr.'s Pro-Cryptocurrency Presidential Bid
Twitter Founder Endorses Kennedy's Candidacy, Highlighting Shared Pro-Crypto Stance
Tue, 06 Jun 2023, 05:20 am UTC
Jack Dorsey, the creator of Twitter and current CEO of Block Inc., has recently voiced his support for Robert F. Kennedy Jr.'s presidential candidacy. Kennedy, a Democrat candidate with a distinct pro-cryptocurrency stance, has garnered attention for his views on digital assets and their potential in driving innovation.
Dorsey took to the internet to share a clip of Kennedy's appearance on Fox News, where he outlined his strategy to challenge heavyweight Republicans Ron DeSantis and Donald Trump. In a concise and emphatic statement, Dorsey expressed his confidence in Kennedy's prospects, stating, "He can and will."
As a member of the Kennedy political dynasty and the nephew of the revered 35th U.S. President, John F. Kennedy, Robert Kennedy Jr. represents the latest chapter in this distinguished lineage as he pursues the presidency. Known for his work as an environmental attorney and his willingness to voice skepticism about vaccines, Kennedy publicly announced his bid for the presidency on April 19th. Notably, he has been a staunch supporter of cryptocurrencies and their potential.
At the Bitcoin Miami Conference held on May 19th, Kennedy made headlines by pledging to accept Bitcoin (BTC) donations for his presidential campaign. In his view, Bitcoin serves as an engine of innovation, while he sees central bank digital currencies as potential tools for government control, enabling authorities to restrict digital access to funds. Kennedy has been vocal about his disapproval of the Biden administration's proposed taxation policy on crypto mining, criticizing the 30% tax proposal on energy consumed by miners as ill-conceived, although he acknowledges the concerns regarding energy usage associated with mining.
A recent poll conducted by Fox News on May 27th offered insight into Kennedy's current standing among Democratic primary voters. The data suggests that Kennedy has already secured the support of 16% of these voters, indicating a substantial base for an individual challenging an incumbent president in the primary stage.
Kennedy's pro-cryptocurrency stance, combined with his political background and growing support among Democratic voters, sets the stage for an intriguing presidential race that will undoubtedly further the discourse around the role of digital assets in shaping the future of the economy and governance.
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