Crypto “Best Hedge” Against Inflation: Robert F. Kennedy Jr. at ETHDenver
US Presidential Candidate Robert F. Kennedy Jr. has hailed cryptocurrencies as the best hedge against inflation.
In a recent discussion with Caitlin Long , founder and CEO of Custodia Bank at ETHDenver, Kennedy said that cryptocurrencies reclaim control from both the government and monopolistic institutions, offering a myriad of freedoms to individuals.
“And among the freedoms that we’re concerned about is the freedom to keep the fruits of your labor, which inflation robs you of,” he said.
The Presidential Candidate added that cryptocurrencies provide the best hedge against inflation, safeguarding individuals’ financial well-being.
There has been a growing interest and acceptance of cryptocurrencies as a safeguard against inflation , particularly in countries suffering from high inflation.
During the conversation, Kennedy also expressed his growing realization that cryptocurrencies serve as an offramp from society’s addiction to the Federal Reserve’s money printing and the monopolistic banking system.
He highlighted how these systems have funded wars and perpetuated a cycle of enriching a new oligarchy of billionaires while leaving the rest of the population impoverished.
“Transactional freedom is as important to a free society as the guarantees of freedom of expression,” he said.
Kennedy emphasized that just as the First Amendment guarantees freedom of expression, the ability to engage in transactions freely is equally vital.
He argued that if the government possessed the authority to shut down one’s bank account and deprive them of financial resources based on differing opinions, the essence of the First Amendment would be rendered meaningless.
This realization, coupled with the trucker’s strike in
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