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Author Topic: Robert Kennedy Jr. Promises to End White House War on Bitcoin  (Read 225 times)
bbc.reporter (OP)
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October 14, 2023, 03:20:09 AM
 #1

Will Robert F. Kennedy Jr get much voters from the bitcoin community? Are there enough voters from the bitcoin community that would make a difference and help him win? The cryptospace is only a small community. The skeptical me thinks that his support for bitcoin might be real and sincere because he cannot gain anything from being very outspoken in his support.

Also, he has been telling everyone that he wants the issuance of treasury bills to be backed by gold, bitcoin and other assets. This would certainly make the dollar backed by bitcoin and the other assets indirectly.

I reckon if he delivers his promises, this might be good for bitcoin and the whole cryptospace because the regulators under his administration might not act similar to uncle Gary.



U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) discussed a variety of topics, including bitcoin, in an interview with Bitcoin Magazine, published Wednesday. RFK Jr. is a son of former U.S. Attorney General and Senator Robert F. Kennedy and nephew of former U.S. President John F. Kennedy.

The presidential candidate pledged that if elected as the President of the United States:

I’m going to make sure that bitcoin is protected, that people can keep their own wallets, that the current White House war on bitcoin will be over, that transactions will be protected and encouraged.

What I would like to do is to provide at least some issuance of Treasury bills that are backed by hard currency, and that could be a bucket that includes bitcoin, that includes platinum, gold, silver, and other hard assets.


Read in full https://news.bitcoin.com/robert-kennedy-jr-promises-to-end-white-house-war-on-bitcoin-says-we-need-freedom-currency-that-government-cant-control/

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October 14, 2023, 03:24:07 AM
 #2

He would get my vote over biden or trump.

Not a fan of 80 year old men running the country.

Kennedy is closer to my age of 66 so I rather pick him.

I double checked his age and he is 69.

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October 14, 2023, 03:34:58 AM
 #3

When I first read this news days ago I was surprised or engulfed with euphoria because politicians we know when it gets to this stage  are desperate people whenever it's time for the polls they can say anything just to get the sympathy and vote of the masses to their camp. However, if he's been honest with his interest and aspiration for bitcoin  should he get elected as president God willing, then that would be a step forward for bitcoin seeing him implementing his promises as spoken on the account that politicians can be saying another and be meaning something else different.

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October 14, 2023, 03:44:24 AM
 #4

When I first read this news days ago I was surprised or engulfed with euphoria because politicians we know when it gets to this stage  are desperate people whenever it's time for the polls they can say anything just to get the sympathy and vote of the masses to their camp. However, if he's been honest with his interest and aspiration for bitcoin  should he get elected as president God willing, then that would be a step forward for bitcoin seeing him implementing his promises as spoken on the account that politicians can be saying another and be meaning something else different.



He is almost certain to lose. Unless Biden or trump drops out at the last minute.

Would be nice to see him shake up economy by actively pushing crypto.

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October 14, 2023, 04:39:43 AM
 #5

When I first read this news days ago I was surprised or engulfed with euphoria because politicians we know when it gets to this stage  are desperate people whenever it's time for the polls they can say anything just to get the sympathy and vote of the masses to their camp. However, if he's been honest with his interest and aspiration for bitcoin  should he get elected as president God willing, then that would be a step forward for bitcoin seeing him implementing his promises as spoken on the account that politicians can be saying another and be meaning something else different.
I doubt that will be the case with him because from the comment of the OP, the Bitcoin community is too small to determine the outcome of the election. Meaning, he will be taking a big political risk thinking that pacifying the Bitcoin community could earn him the presidency. So, I would say his love for Bitcoin is genuine.

Whether he will win or not, is way off my limits to know as I do not see him as a serious contender to Trumph and Biden.

R


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October 14, 2023, 04:57:55 AM
 #6


I find Robert Kennedy Jr to be a refreshing politician that can be a viable option for people who don't want to go Red or Blue. Refreshing because he is carrying the voice of the cryptocurrency industry so he is our candidate then. For me, Biden is definitely so old and is already senile judging on the way he is speaking and the many times he fell - in fact he is now known to be a vacationer rather than a very active global leader and it is because aging is really taking its toll on him. In between the two, Trump is way better in terms of health. Now, the question is: Will Kennedy really win against the two famous opponents? Only time can tell.

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October 14, 2023, 05:09:14 AM
 #7

Politicians and propaganda are like difference with six and half a dozen. Any word coming from the mouth of politician doing campaigns are literally to amass the support of the people using exactly what they feel is the problem of the mass to drag attention, majority of them even after getting the support and wins the election cower to what they've promised. If the president aspirant is channeling his campaign on Bitcoin, knowing fully well its vulnerability and how people are fussy towards the market. Win or no win Bitcoin have come to stay.
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October 14, 2023, 10:07:07 AM
 #8

He would get my vote over biden or trump.

Not a fan of 80 year old men running the country.

Kennedy is closer to my age of 66 so I rather pick him.

I double checked his age and he is 69.
Hahaha, I like this response, I am not living in America but yes Kennedy Jr will also have my vote if I can vote on anyone of them, I just don't know if he has the real power to get to that position because in my country the corruption is so much that if they don't want someone who is fit to become a leader to get to the sit they will make it happen, I hope this isn't the situation with the U.S elections? Or election rigging is also available over there? Lord have mercy.

I am not ready to put my trust in any politicians because most of them are liars and manipulators, I have some relations with two who are family friends and even in family, they used and dump their own people who never asked them for anything, but they promised heaven and earth for them when they get to power only to be abandoned later.

They now pretend as if they don't know the family again but one got out of power a year ago and he isn't looking too well, don't know how he turned out to be like that, I believe he can't make a come back anymore because he destroyed the trust of his own people, so I will say do not trust the words coming out from any politicians mouth.

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October 14, 2023, 10:16:04 AM
Merited by DaveF (2), vapourminer (1)
 #9

Didn't think I would see the day Bitcoin victimology would thrust its miserable arm out of Reddit and reach into the Hill in Washington but I guess I am still naive that way.

There is no war on Bitcoin for those choosing to use it the way it allows them. No need to make a tragedy out of nothing and pretend you're some kind of Bitcoin warrior.

Big yawn.

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October 14, 2023, 10:35:51 AM
 #10

Is the White House at war with Bitcoin? Last time I checked their policy was "at war" with the shitcoins industry and the corrupt CEOs from the various companies that make billions of $ providing the infrastructure for all those shitcoins.

~snip~
Also, he has been telling everyone that he wants the issuance of treasury bills to be backed by gold, bitcoin and other assets. This would certainly make the dollar backed by bitcoin and the other assets indirectly.

Something like that could never become a law, no matter who the president of the US was. How are you going to support a national currency (any) with something as extremely volatile as Bitcoin? Although it is not the same, but let's remember how the experiment of that South Korean scammer ended - he backed his "stablecoin" with Bitcoin and everything went to hell.

In addition, RFK Jr. continues his campaign as an independent candidate, and although all kinds of miracles happen in the US when it comes to politics - I think that his already small chances have decreased even more.

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October 14, 2023, 11:13:55 AM
Merited by NeuroticFish (2), Lucius (1)
 #11

Awww he's so cute Cheesy

He either has no understanding of how United States regime works or he thinks his audience doesn't understand it. To be honest if he had said "he would end the war with China" it would have been an impossibility closer to reality than saying this about bitcoin.

Also, he has been telling everyone that he wants the issuance of treasury bills to be backed by gold, bitcoin and other assets. This would certainly make the dollar backed by bitcoin and the other assets indirectly.
Simply impossible to do. Because:
1. He has to first tank the dollar price where the exchange rate would be something like 1 Venezuelan bolívar is equal to 1 US dollar thanks to the massive amounts of dollar they've printed over the past 20 years alone, not to include the circulating supply before that.
2. The US economic structure has to change. They can no longer print money whenever they want to. Like the $10 trillion they printed for the War in Iraq and Afghanistan. The trillions they printed in COVIC pandemic and the $3 trillion they printed in the past couple of months alone to battle the US recession and fund the proxy war with Russia!

This dude is speaking in a way that one would think that he has not spent a single day in US political scene!
By the end of this month most probably another "war" will begin between the US government and the US parliament over the second raising of the US debt ceiling. Cheesy
Where does he plan on bringing all this money if my some magic he won the election? It's not like the US regime's foreign adventures are going to stop to reduce its ridiculously ginormous expenses. He would have to print money out of thin air like his predecessors.

There's a reason US regime killed the Bretton Woods system. The system is broken and it is impossible to fix it without a literal revolution in North America and possibly a civil war.

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October 14, 2023, 11:25:50 AM
 #12

The skeptical me thinks that his support for bitcoin might be real and sincere because he cannot gain anything from being very outspoken in his support.
Politicians aren't real, their support can't be real. They only care about their persona comfort and money.

Would be nice to see him shake up economy by actively pushing crypto.
We are destroying bitcoin by being happy for the government's support on this coin. Bitcoin was meant to be solve the problem of the dependence on 3rd parties during the transactions and by attracting so many attention of people who want to regulate it, we will finally receive the encrypted fiat named Bitcoin. Pre 2017 years were the best years in bitcoin's world.

Awww he's so cute Cheesy

He either has no understanding of how United States regime works or he thinks his audience doesn't understand it. To be honest if he had said "he would end the war with China" it would have been an impossibility closer to reality than saying this about bitcoin.
He definitely has understanding of how US regime works but many people in the states don't have an understanding, that's where he casts his fishing rod.

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October 14, 2023, 11:30:37 AM
 #13

I question the source of the news, for years they have been spreading anti-Bitcoin propaganda and their support for BCH makes it very difficult to believe anything coming from them.
RKF is a person who will run a country that has banking institutions, and the attempt to regulate Bitcoin in its current form without the penetration of more banks and companies into investing in Bitcoin are promises that a presidential candidate cannot implement even if he assumes the presidency. Therefore, they are nothing more than formulating statements to mobilize more popularity and are not plans that can be relied upon. .

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Nwada001
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October 14, 2023, 11:40:22 AM
 #14

When I first read this news days ago I was surprised or engulfed with euphoria because politicians we know when it gets to this stage  are desperate people whenever it's time for the polls they can say anything just to get the sympathy and vote of the masses to their camp.
Those are the politicians. Their lifestyle is not something new; anything that you know you can do to get into that power, that's what they do. They use every opportunity that's given to them, and they utilise it very well, making sure they have the highest vote from voters. But the thing is that he's coming too late, and this bitcoin accepting and promoting strategy alone can't take him to the top; he has a very strong opponent, and beside that, even some bitcoin lovers might like him for that, but still might not be able to cast their vote for him. There is more to be looked into than just promises.

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However, if he's been honest with his interest and aspiration for bitcoin  should he get elected as president God willing, then that would be a step forward for bitcoin seeing him implementing his promises as spoken on the account that politicians can be saying another and be meaning something else different.

Let's bring our hope down, remove faith, and face reality. He himself already knows that he stands no chance; the election already appears to be as if it's just two opponents that's contesting because they both have a higher ground, I mean, Trump and Biden; they have more upper hand than him, although even if he doesn't win the presidential seat, he can still continue with his mission for bitcoin as it can be pursued legally, and with his little political power, something can still be done.

 
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pooya87
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October 14, 2023, 11:46:22 AM
 #15

He definitely has understanding of how US regime works but many people in the states don't have an understanding, that's where he casts his fishing rod.
Yeah, that's what I think too. Although I say he has overestimated the number of bitcoiners and the support they may give him. I said this in the other topic too, I don't think he even has a chance to be one of the candidates for presidency even less so now that he is running as an independent.

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bbc.reporter (OP)
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October 15, 2023, 03:09:10 AM
 #16

I question the source of the news, for years they have been spreading anti-Bitcoin propaganda and their support for BCH makes it very difficult to believe anything coming from them.
RKF is a person who will run a country that has banking institutions, and the attempt to regulate Bitcoin in its current form without the penetration of more banks and companies into investing in Bitcoin are promises that a presidential candidate cannot implement even if he assumes the presidency. Therefore, they are nothing more than formulating statements to mobilize more popularity and are not plans that can be relied upon. .

Agreed that we should always question the source, however, this is not fake news. This article from bitcoin.com is based on an interview with Robert F. Kennedy Jr. from bitcoinmagazine.com which certainly is a very trusted source.

If you read the article it cleary mentions that this is from an interview by bitcoinmagazine.com. But if you want the original source, it is this.

https://bitcoinmagazine.com/culture/rfk-jr-the-bitcoin-magazine-interview

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Fundamentals Of
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October 15, 2023, 03:45:04 AM
 #17

He will probably get many votes from Bitcoin supporters. That's expected because of how strong his support for Bitcoin seems. But I'm sure many Bitcoin supporters do not just vote for a candidate simply on the basis of whether he is pro Bitcoin or not. They must have other bases as well. And also, he's not the only candidate who is pro Bitcoin.

But we probably all know that RFK Jr. has a slim chance of winning. That's the reality. So let's not hope too much on what happens to Bitcoin after the elections. Second, everybody knows that the president is not all powerful. He doesn't have the absolute say in everything. So let's not equate an RFK Jr.'s presidency, even if it happens, to Bitcoin backing the USD.
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October 15, 2023, 03:53:58 AM
 #18

He would get my vote over biden or trump.

Not a fan of 80 year old men running the country.

Kennedy is closer to my age of 66 so I rather pick him.

I double checked his age and he is 69.
But you have to know that politicians will say anything that they have to say so they sway more votes to their names? I mean that's been the thing for a long time already for politics, they promise something outrageous and then when they're finally in the seat of power, they start looking the other way and breaking all the promises especially those that they're passionate about when they were just asking for a vote. Hopefully this man though will not just be an all talk no walk kind of guy, I have my doubts though given that time and time again, promises are always broken.
letteredhub
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October 15, 2023, 10:13:14 AM
 #19

When I first read this news days ago I was surprised or engulfed with euphoria because politicians we know when it gets to this stage  are desperate people whenever it's time for the polls they can say anything just to get the sympathy and vote of the masses to their camp. However, if he's been honest with his interest and aspiration for bitcoin  should he get elected as president God willing, then that would be a step forward for bitcoin seeing him implementing his promises as spoken on the account that politicians can be saying another and be meaning something else different.
I doubt that will be the case with him because from the comment of the OP, the Bitcoin community is too small to determine the outcome of the election. Meaning, he will be taking a big political risk thinking that pacifying the Bitcoin community could earn him the presidency. So, I would say his love for Bitcoin is genuine.

Whether he will win or not, is way off my limits to know as I do not see him as a serious contender to Trumph and Biden.
In politics at the polls 1 number is very important and can influence the decision and outcome of an election. The bitcoin community might be a small one in the United States but adding that number to the number of the general public that may be on his side is an added advantage and every professional politician understands this mathematics

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He is almost certain to lose. Unless Biden or trump drops out at the last minute.
From all indications he Kennedy Jr no doubt has no winning chance contesting against Trump and Biden but that doesn't mean he shouldn't try. Maybe by unforeseen circumstance the table might turn around for his favour.
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October 15, 2023, 10:24:08 AM
 #20

Awww he's so cute Cheesy
~snip~

You may have seen the picture I posted in one of the threads that the OP started on the same topic - and when you mention that RFK Jr. is cute, then what can be cuter than this picture - everyone who has dogs and turtles will vote for him Smiley





As for those people who still think that Bitcoin can change the world on a fundamental level, I wonder if they will ever come to their senses or will continue to live in illusions forever Undecided

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