RFK Jr. elaborates position on CBDC, crypto: ‘It isn’t just criminals who want privacy’
Robert F. Kennedy Jr., who is challenging United States President Joe Biden for the Democratic nomination in the 2024 presidential election, has taken to Twitter again to share more of his thoughts on cryptocurrency.
Kennedy criticized Biden on May 2 for calling the U.S. banking system “safe and sound” the previous day. “Today, bank stocks are crashing. The American people deserve more than glib assurances and perception management,” he tweeted.
On May 3, Kennedy condemned the Biden administration’s proposed tax on crypto mining. An environmental lawyer, Kennedy called the proposed 30% tax on energy used by crypto miners “a bad idea.” He said mining’s energy use was “a concern (though somewhat overstated),” and continued:
Jumping to “control” of cryptocurrency, Kennedy found more anti-establishment fodder. “It isn’t just criminals who want privacy,” he said. “Governments harass their enemies and crush dissent by controlling bank accounts and payment platforms.”
Related: Bitcoin at the barricades: Ottawa, Ukraine and beyond
Kennedy developed the theme of financial control further the following day with a look back at the Canadian truckers’ anti-vaccination protests in Ottawa in 2022. The Canadian government locked the bank accounts of people supporting the protesters. Kennedy said:
After all, he said, GoFundMe blocked U.S. accounts supporting the Canadian truckers and redirected donations to them. Meanwhile, Paypal imposed fines on users for spreading “what they deemed to be misinformation.” Both of those decisions were successfully challenged in court, but Kennedy saw the hand of big government behind them anyway. “Often those private companies are acting out of fear of Congress or regulators, or directly at their
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