Crypto News
| Published On May 21, 2023 10:56 am CEST | By Peter Siu

Robert F. Kennedy Jr. Sets Precedent with Bitcoin Donations for Presidential Bid

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Taking a groundbreaking stride into digital currency acceptance, Robert F. Kennedy Jr., the U.S. Presidential candidate, made an announcement that his campaign would pioneer in accepting Bitcoin (BTC) donations. This move marks a first in the annals of American politics.

Last month, Kennedy declared his intent to run for the presidential office in 2024 as a Democratic candidate. He further elucidated on his Bitcoin-friendly campaign during his appearance at the Bitcoin 2023 Conference in Miami.

Revolutionizing Campaign Finance with Bitcoin

“Our campaign is not just embracing Bitcoin donations via the Lightning Network, but it’s also a step towards the future. Today, we’re exhibiting to the world the robustness, adaptability, and strength of Bitcoin,” stated Kennedy.

As an environmental lawyer, Kennedy believes Bitcoin can provide a potent defense against authoritative censorship. He further pledged to uphold the right to use Bitcoin if his presidential bid is successful.

Guaranteeing the Right to Self-Custody

Kennedy emphasized, “If I become president, I will ensure your right to possess and utilize Bitcoin remains unassailable. The first thing I’ll do is to safeguard the right to self-custody of Bitcoin and other digital assets. Ownership of your private keys should be as straightforward as having the keys to your car or your wallet.”

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He expressed his firm belief that individuals should have complete control over their wallets, be they physical or digital, without the government demanding access to their Bitcoin keys or any of their passwords. Kennedy added, “Arguing otherwise means conceding vital ground to the surveillance state.” His visionary approach blends traditional politics with the evolving digital world, creating a promising future for cryptocurrencies in political campaigns.

Peter Siu

Peter is a former poker-pro, turned crypto enthusiast with 8+ years’ experience in operational roles dealing with all online gaming verticals within large iGaming companies, including Flutter and Entain. Now an expert in the field of Sports Betting, Casino, iGaming, and Poker, he is our team leader and editor. When not working, Peter can be found in the gym or playing sports like football, tennis and more recently padel.

Tags: Bitcoin