Presidential candidate Robert F. Kennedy Jr. has left the Democratic party to run as an independent, with a pro-crypto stance central to his campaign.
On October 9, RFK Jr. made the announcement at a rally in Philadelphia, through Youtube.
Despite his bold move, the candidate is currently polling at 19% according to his supporting super PAC, trailing behind President Biden and former President Trump.
Kennedy expressed his vision of making the United States a global hub for cryptocurrency, particularly Bitcoin. He had previously revealed plans to back the USD with “hard currency” such as gold, silver, platinum, and Bitcoin.
He has been a vocal critic of the Federal Reserve’s FedNow instant payment system, equating it with a central bank digital currency (CBDC). In a post on Twitter (now X) during April 2023, Kennedy warned that CBDCs could lead to “financial slavery and political tyranny”.
His super PAC, American Values 2024, claims that Kennedy could be the most potent independent candidate in the modern history of U.S. elections.
Kennedy’s pro-crypto stance is similar to that of Republican presidential contender and Florida governor, Ron DeSantis. DeSantis shares Kennedy’s criticism of FedNow and CBDC, as well as his support for Bitcoin.
Despite this, current polls suggest that the next U.S. president could be a crypto opponent who supports CBDC. This comes in spite of industry suggestions that crypto could be a deciding factor in the 2024 presidential election.
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