‘It isn’t just criminals who want privacy’

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Robert F. Kennedy Jr., who is challenging President Joe Biden for the Democratic nomination in the 2024 presidential election, has once again taken to Twitter to share his thoughts on cryptocurrencies.

Kennedy on May 2 criticized Biden for calling the U.S. banking system “safe and sound” the day before. “Bank stocks are crashing today. Americans deserve more than lip service and perceived controls,” he said. murmured.

On May 3, President Kennedy denounced the Biden administration’s proposed tax on cryptocurrency mining. Environmental lawyer Kennedy called his proposal to impose a 30% tax on the energy used by cryptocurrency miners a “bad idea.” He said mining energy use was a “(somewhat exaggerated) concern” and continued:

“The environmental debate is a selective pretext for suppressing those that threaten elite power structures. Bitcoin, for example.”

Kennedy jumped to “control” cryptocurrencies and found prey for dissidents. “Criminals aren’t the only ones who want privacy,” he said. “Governments harass and challenge their enemies by controlling bank accounts and payment platforms.”

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The next day, Kennedy further developed the theme of financial management by reflecting on the Canadian truckers’ anti-vaccination protests in Ottawa in 2022. The Canadian government has locked bank accounts of people who support protesters. Kennedy said:

“It’s not strange to imagine that your bank account could one day be frozen because of your political or social media comments, even here in America.”

Ultimately, GoFundMe blocked U.S. accounts that helped Canadian truck drivers and redirected donations to them, he said. Meanwhile, Paypal has fined users for spreading “what they deem to be false information.” Both of these decisions were successfully challenged in court, but Kennedy found big government hands behind them anyway. “In many cases, these private companies are acting out of fear of Congress and regulators, or directly following their orders,” he argued.

“That’s why I’m against CBDC [central bank digital currencies]By cutting off access to funds with a keystroke, we greatly expand the government’s power to stifle dissent,” Kennedy concluded.

Kennedy first voiced his opposition to the CBDC in a somewhat confusing tweet related to the FedNow instant payment system.

According to CNN on April 29, Kennedy have 19% support for Democrats. He shares his distrust of the CBDC with Republican politicians such as Florida Governor Ron DeSantis, who is seen as a potential challenger to candidate Donald Trump for the Republican presidential nomination.

In addition to Kennedy, author Marianne Williamson has announced her intention to challenge Biden for the presidency of the United States.she suggestive Dismayed by the Canadian government blocking bank accounts and cryptocurrency wallets in a tweet at the time, hold “Our government has become the handmaiden of the new corporate order,” she says, but her campaign website makes no mention of cryptocurrencies.

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