U.S. presidential candidates Donald Trump and Robert F. Kennedy Jr. have both declared their opposition to the creation of a Central Bank Digital Currency (CBDC), with Kennedy describing it as a 'calamity for human and civil rights.' Trump has reiterated his opposition, while Kennedy has gone a step further by promising to stop the push for a CBDC if elected. Kennedy has also been vocal about the need for an independent currency and has become the first presidential candidate to accept Bitcoin donations for his campaign. Both candidates see the rejection of a CBDC as a way to appeal to voters, with Kennedy highlighting Bitcoin's protection against inflation and civil rights concerns. Additionally, it has been suggested that supporting the right to own Bitcoin could be a dealmaker for millions of Americans, and embracing Bitcoin could be a low-risk, high-reward strategy for Trump to attract younger voters and differentiate himself from the current administration's policies.
“For many, waking up to the dangers of a CBDC is the first step in embracing Bitcoin.” Will the same be true for Trump? In a new op-ed for Fortune, I explain how the former President can shore up his anti-CBDC bona fides by embracing Bitcoin. https://t.co/ZfpC319TiT
"Here's why embracing Bitcoin would be a low-risk, high-reward strategy for Trump," explains @MorgensternNJ in a new commentary piece. https://t.co/SnrkcIN5kN
FORTUNE: "To shore up his anti-CBDC bona fides, the next logical step for Trump could be to embrace #Bitcoin... it would curry favor with the crypto vote, which is positioned to be one of the most consequential constituencies this November." https://t.co/1qHwJaUMIL
"Supporting the right to own Bitcoin is a dealmaker for millions of Americans and a dealbreaker for almost none." Now which candidate prides himself on finding good deals?🤔 @MorgensternNJ explains the political logic of BTC in a new op-ed for Fortune. https://t.co/GzJ9OJN6Q8
NEW: "CBDC Is a calamity for human and civil rights. #Bitcoin gives you a better protection than cash. It also gives you protection from inflation and all of the other hazards that come along with FIAT currencies," says 🇺🇸 US Presidential Candidate Robert F. Kennedy Jr. https://t.co/AyfNAoGarF
Why embracing Bitcoin would be a low-risk, high-reward strategy for Trump ☝️Animates new, younger voters across swing states, demographics & party lines. 👌Stark contrast with current admin's position. 👐He's against CBDCs. It's the next logical step. https://t.co/ZfpC319TiT
U.S. presidential candidates Robert F. Kennedy Jr. and #DonaldTrump have both promised to stop the creation of a central bank digital currency. #CBDC #RFKJr https://t.co/2QEPy3E0BC
After Donald Trump, U.S. presidential candidate Robert F. Kennedy Jr has expressed his firm stance against CBDCs https://t.co/77y3jlja5V
The first US presidential candidate to accept Bitcoin as a campaign donation, Robert F. Kennedy promised to end the U.S. push and never allow the creation of a CBDC if elected president. He expressed the need for an independent and uncontrolled currency and was very concerned…
i know elizabeth warren complains all the time that this is the use case for crypto, but i'd like to point out the positive side: this is the use case for crypto https://t.co/OfXN7SR4IC
#RFK Jr. and #DonaldTrump Both Vow to Stop the Fed From Issuing US Central Bank Digital Currency #CBDC https://t.co/2QEPy3E0BC
Thanks, @VivekGRamaswamy. U.S. presidential candidate Donald Trump is doubling down on his opposition to CBDCs. https://t.co/e1pogRQokE