On Monday, Robert F. Kennedy Jr. again warned the public to beware of central bank digital currencies (CBDCs), insisting that the Biden administration has launched a “constant barrage of hostile barrages against cryptocurrencies.” Kennedy, who recently ran for president of the United States in the 2024 election as a Democrat, also stressed that “bitcoin gives the public an escape route” for when the bubble bursts.
Robert Kennedy Jr.: ‘The White House is in cahoots with the bankers’
Robert F. Kennedy Jr. spoke about the Fednow service on Monday after the US Federal Reserve published a notice insisting that the service was not a digital currency, CBDC or cash replacement. kennedy fixed that the claim would be more credible if people were unaware of the Biden administration’s “constant barrage of hostile barrages against cryptocurrency.” The presidential hopeful also shared information about a Pirate Wires mail Posted by Nic Carter, which discusses “Operation Chokepoint”.
“The recent crackdown on crypto block off-ramps removes alternative rails and strengthens government control over the financial and political systems,” Kennedy explained. In addition, he discussed the massive monetary expansion that has been taking place in the United States for over a decade. “Between 2008 and 2022, the Federal Reserve partnered with a handful of big banks to print $10 trillion, ten centuries of wealth in 15 years, a bonanza for bankers,” he wrote.
Kennedy also claimed that Bitcoin, the peer-to-peer electronic cash system, provides individuals with the means of protection against financial turmoil that will lead to an inevitable downturn. “Cryptocurrencies like bitcoin provide the public with an escape route from the splash zone when this bubble invariably bursts,” Kennedy emphasized. “So the White House is colluding with the bankers to keep us all trapped in the bubble of speculation and control,” he added.
CNN poll suggests most Democratic voters would like to see an alternate candidate
kennedy archived for the candidacy on April 5, 2023, and would be the fourth member of his family to run for President of the United States. He is the nephew of Democratic President John F. Kennedy (JFK) and the son of Robert F. Kennedy (RFK), both assassinated. kennedy is expected to officially announce his career at an event in Boston on April 19, 2023. On Twitter, Kennedy said that the public “should be wary” of CBDCs, opining that they are “the ultimate mechanisms for surveillance and social control.”
The Democratic candidate also mentioned venture capitalist and angel investor Balaji Srinivasan, who recently discussed the distinction between the Fednow project and a CBDC. Kennedy wrote that Balaji compared the Fednow service to “a virus that has evolved to evade recognition by changing its sequence without actually changing its function.” US President Joe Biden will likely run in 2024, but a recent cnn poll suggests that many American Democrats would like to see a new candidate.
“The majority in your party say they would like to see someone else as the Democratic nominee for president next year,” CNN reported.
What do you think about Robert F. Kennedy Jr.’s stance on cryptocurrencies and CBDCs? Share his thoughts on this subject in the comments section below.
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