Jack Dorsey Pledges Support for Pro-Crypto Presidential Candidate Robert F. Kennedy Jr.

The recent statement from Twitter’s founder, Jack Dorsey, indicates a noteworthy endorsement for a presidential hopeful. Dorsey publically declared his backing for the pro-cryptocurrency Democratic presidential candidate, Robert F. Kennedy Jr., adding an intriguing new dimension to the presidential race.

Dorsey’s Endorsement

Dorsey, the visionary behind Twitter, made his support for Kennedy clear in a recent interaction on the social media platform. A shared YouTube video of Kennedy from a Fox News segment sparked the endorsement. In this video, Kennedy outlines his strategic approach to potentially outperform his Republican adversaries, Ron DeSantis, another Bitcoin advocate, and Donald Trump. Dorsey responded enthusiastically to a user query about his stance, confirming that he was both predicting Kennedy’s success and endorsing his campaign.

A New Kennedy Legacy in the Making?

Continuing the legacy of political involvement that his family is known for, Robert F. Kennedy Jr. emerges as the newest Kennedy contending for the presidency. As John F. Kennedy’s nephew, Robert bears the political lineage of the 35th U.S. president, offering a fresh perspective to the presidential bid.

Kennedy first launched his presidential campaign on April 19. An environmental lawyer by profession, Kennedy consistently advocates against the lobbying efforts of the pharmaceutical and war industries and their increasing powers and threats to democracy and society. His unique stand on cryptocurrencies, however, truly sets him apart from his peers.

During a keynote address at the Bitcoin Miami Conference on May 19, Kennedy confirmed his dedication to cryptocurrencies. He announced that his presidential campaign would accept donations in Bitcoin, championing the flagship cryptocurrency as an “innovation engine.” Kennedy’s stance on central bank digital currencies is quite critical, viewing them as potential weapons for governmental oppression of dissent through financial exclusion.

In his pledge to protect Bitcoin, Kennedy emphasized the importance of the right to self-custody Bitcoin and other digital assets, drawing parallels to the personal ownership of items such as car keys or a wallet.

As president, I will make sure that your right to hold and use Bitcoin is inviolable. First, I will defend the right of self-custody of Bitcoin and other digital assets. You should be able to own your own private keys the same as you own the keys to your car or your own wallet.

Kennedy’s Take on Crypto Mining Tax

On May 3, Kennedy voiced his opposition to the Biden administration’s proposed tax on cryptocurrency mining. The proposed 30% tax on the energy utilized by crypto miners was dubbed a “bad idea” by Kennedy. While he acknowledged the environmental concerns associated with mining, he also suggested that these concerns may be somewhat overblown.

Already 16% of Votes

A Fox News poll conducted on May 27 indicated that Kennedy already holds the support of 16% of Democratic primary voters. This support is a significant accomplishment for a primary challenger running against an incumbent president, and it solidifies Kennedy’s position in the race.

Dorsey’s endorsement, Kennedy’s pro-cryptocurrency stance, and his growing support among Democratic primary voters makes the upcoming presidential election a gripping event to watch, not just for political enthusiasts but also for the global crypto community.