Robert Kennedy Says Bitcoin Should Be Considered as an Alternative to CBDCs

Last summer, US presidential candidate Robert Kennedy purchased two Bitcoins for each of his seven children.

He believes that BTC can serve as a tool to protect capital from inflationary pressures, and recently spoke about the potential use of Bitcoin as an alternative to central bank digital currencies (CBDCs).

According to Kennedy, CBDCs will only serve to give governments more control over their citizens, while Bitcoin allows for financial freedom and protects basic rights to privacy and independence.

He warned that CBDCs could lead to every transaction being taxable and traceable, ultimately resulting in a loss of freedom for individuals.

Kennedy stated:

“CBDCs may be attractive to technocratic or totalitarian regimes, as they provide a means for governments to exercise control over citizens.”

In contrast, Bitcoin offers a decentralized and private alternative that empowers individuals and protects their freedom.