US presidential candidate Kennedy: How do you view US crypto regulation?

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Source: CoinDesk; Translated by: Deng Tong, Jinse Finance

U.S. presidential candidate Robert F. Kennedy Jr. spoke at a press conference for the Consensus 2024 conference in Austin, Texas on Thursday. Here are some of his comments:

Donald Trump's Guilty Verdict

"I want to talk about issues of broader concern. I want to talk about economic issues and health issues. That's what my campaign is about. I'm not going to get dragged into the mud. I don't have any ideas. I've been very disciplined not to talk about the lawsuits against [Joe] Biden or Trump."

What to think of Trump’s new pro-crypto stance

“I’m happy about it. I think it’s a great thing for our country. A commitment to cryptocurrency is a commitment to freedom and transparency. I don’t question whether it was a political decision. I’m glad he did it, and I hope President Biden does the same.”

The Biggest Problem Facing U.S. Crypto Regulation

"I think freedom of exchange is one of them. We need sovereignty over our wallets, freedom of exchange, and a transparent monetary system. We need to make sure the United States remains the center of blockchain technology. I will make sure cryptocurrencies are regulated to protect consumers from fraud. Since I started this campaign, I have purchased 21 Bitcoins. I also bought three for each of my children."

What does the future hold for cryptocurrency enthusiasts?

"My goal if elected president is to make cryptocurrency a transactional currency. People can have the freedom to trade it. People can choose whether to buy it or not. I think it should be treated as a currency; we shouldn't tax it as capital gains. I think there's a problem with how we do that. I believe it should be a currency that you can use to buy things like apples, lunch, and coffee, and people can do that."

What prompted Kennedy to run for president?

"I thought about going into politics when I was young. I hadn't thought about it for 20 years. I saw what was happening during the pandemic and what was happening when the government shut down the economy. I thought it was wrong. The government closed every church, attacked the Fifth Amendment, closed businesses without due process... They shut down jury trials, violated injunctions, and I saw the attack on the Constitution and censorship, not just on me but on many people who were trying to speak. I saw all of this, and it was so immoral for my country. All of these traditional values ​​of my party and my country were disappearing, and I felt like I had a unique role to play in showing people what America should be like."

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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