Dorsey backs Kennedy for pro-crypto presidency.
Jack Dorsey, the founder of Twitter, has expressed his support for Robert F. Kennedy Jr., a presidential candidate for the Democratic Party who is pro-crypto.
The CEO of Block Inc. shared a YouTube clip from Fox News featuring Kennedy explaining how he plans to beat popular Republican presidential candidates Ron DeSantis and Donald Trump.
He can and will https://t.co/zrKLc2BKhz
— jack (@jack) June 4, 2023
When a user asked if he was endorsing or just predicting Kennedy’s success, Dorsey replied with “both.”
Robert Kennedy is the nephew of the United States’ 35th president, John F. Kennedy, and is the latest member of the Kennedy political dynasty to put their name up for a presidential bid.
Kennedy is an environmental lawyer and vocal critic of vaccines, and he first announced his presidential campaign on April 19. Notably, Kennedy is a strong supporter of cryptocurrencies. During a May 19 keynote speech at the Bitcoin Miami Conference, he told attendees that he would accept donations for his presidential campaign in Bitcoin ( BTC ).
Kennedy has described Bitcoin as an “innovation engine” and has criticized central bank digital currencies as tools that can “vastly magnify the government’s power to suffocate dissent by cutting off access to funds with a keystroke.”
Kennedy also condemned the Biden administration’s proposed tax on crypto mining, calling the proposed 30% tax on energy used by crypto miners “a bad idea,” and claiming that while mining’s energy use was “a concern,” it was “somewhat overstated.”
Related: White House hopeful RFK Jr. says instant payments may lead to ‘financial slavery’
A May 27 poll from Fox News shows that Kennedy commands support from 16% of the Democratic primary voters, which, as Fox notes, is a “sizable chunk” for a primary challenger against an incumbent president.
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