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Robert F. Kennedy Jr.’s Plan to Blockchainize U.S. Budget Oversight
(Originally posted on : Crypto News – iGaming.org )
In a bold move towards transparency and accountability in governance, U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has unveiled his groundbreaking plan to revolutionize the U.S. budget system through blockchain technology.
At a recent campaign rally in Michigan, Kennedy Jr. outlined his vision: “I’m gonna put the entire U.S. budget on blockchain. Every American can look at every budget item in the entire budget, anytime they want, 24 hours a day.” He also added, “We’re gonna have 300 million eyeballs on our budget, and if somebody is spending $16,000 for a toilet seat, everybody’s gonna know about it.”
Shining a Light on Exorbitant Spending
Kennedy Jr.’s proposal comes with a promise of transparency that could potentially expose wasteful spending practices. He emphasized, “If somebody is spending $16,000 for a toilet seat, everybody’s gonna know about it.” This commitment to fiscal accountability has garnered attention and support from various quarters.
Beyond budget transparency, Kennedy Jr. is a staunch advocate for cryptocurrency, particularly Bitcoin (BTC). He views Bitcoin as a safeguard against the pitfalls of centralized banking systems, dubbing it a “hard currency” that ensures transactional freedom. His stance aligns with the belief that crypto equals freedom, emphasizing its role as a hedge against inflation and governmental control.
While championing cryptocurrency, Kennedy Jr. also raises concerns about central bank digital currencies (CBDCs). He warns that CBDCs could erode privacy rights, enabling unprecedented government surveillance and control over individuals’ financial activities. According to him, CBDCs pose a threat to personal liberties by granting authorities extensive oversight over monetary transactions.
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