Pro-crypto candidate for the United States presidency Robert F. Kennedy, Jr., often known simply as RFK Jr., announced on Oct. 9 at a rally in Philadelphia that he was dropping his bid for nomination in the Democratic primary to run as an independent instead. “I’m here to declare myself an independent candidate,” he said.

Kennedy has been a supporter of crypto, and he stated that one of the goals of his administration would be “making America the global hub of cryptocurrency, particularly Bitcoin.” He revealed plans in July to back the USD with “hard currency,” such as gold, silver, platinum and Bitcoin (BTC).

Kennedy was also a vocal opponent of the Federal Reserve’s FedNow instant payment system, equating it with a central bank digital currency (CBDC) and stating in a Twitter (now X) post that “CBDCs grease the slippery slope to financial slavery and political tyranny” and there was an “obvious danger that this is the first step in banning and seizing bitcoin.” The U.S. Federal Reserve Board later launched a public-awareness campaign to differentiate FedNow from CBDC.

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Author: Derek Andersen

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