Democratic U.S. presidential candidate Robert F. Kennedy Jr. thinks Bitcoin (BTC) is the “perfect base currency”.
In a recent interview with TheStreet Crypto, Kennedy, who announced last month that he is running as a Democrat in the 2024 presidential campaign, says there must be “exit ramps” such as crypto assets that allow Americans to avoid central bank-induced inflation.
“[Bitcoin is] the perfect base currency, because there’s a finite amount of it… The Bitcoin that exists on Earth is infinitely divisible, so it’s kind of the perfect currency – it has an intrinsic value and it gives people a way out.”
Kennedy, who says he is not a Bitcoin investor, noted that trust is the foundation of BTC.
“And no one can manipulate it. There is no human who can manipulate it. What is happening with Bitcoin is very, very democratic. It is all determined democratically by all miners and by algorithms that cannot be manipulated.”
Kennedy also criticized the Securities and Exchange Commission’s (SEC) crypto regulatory approach, arguing that the regulator has not been transparent.
Speaking at the Bitcoin 2023 conference in Miami earlier this month, the environmental advocate announced that his presidential campaign will be the first in US history to accept BTC donations.
Kennedy says Bitcoin can act as a bulwark against authoritarian censorship, and he has pledged to protect the right to Bitcoin if elected president.
“As president, I will ensure that your right to own and use Bitcoin is inviolable. First, I will defend the right to self-custody of Bitcoin and other digital assets. You should be able to own your own private keys, just like you own the keys to your car or your own wallet.
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