Bitcoin 2023 will welcome Robert F. Kennedy Jr., who recently championed Bitcoin mining after the Biden administration proposed a 30% tax on its energy consumption.
Robert F. Kennedy Jr. is set to make his first appearance as the U.S. presidential candidate in the Bitcoin Conference 2023 in Miami, May 18-20. In a recent statement, Kennedy expressed his support for Bitcoin and denounced President Biden has proposed a 30% tax on cryptocurrency mining, saying it is a mistake for the US government to stifle innovation in the industry.
Kennedy also addressed concerns about the environmental impact of Bitcoin mining, stating that the energy use argument is overstated and that Bitcoin mining consumes roughly the same amount of energy. energy than video games. He believes that the environmental argument is used as a pretext to remove anything that threatens elite power structures, including Bitcoin.
Furthermore, Kennedy argued that strict control of cryptocurrencies to prevent their use by criminals is not the solution. He pointed out that dissidents and ordinary citizens also need privacy and that governments often control bank accounts and payment platforms to crush dissent. Kennedy believes that until trust is restored in government, cash and bitcoin are necessary to secure freedom.
Kennedy also spoke about the importance of having a diverse ecology of currencies, rather than a single, centrally controlled one. He believes that just as a biodiverse ecosystem is more resilient, our economy will also be more resilient with a diversity of currencies.
Previously, Kennedy had said that he “is a misunderstanding“critics who claim that Bitcoin’s energy consumption is bad, and that Americans need Bitcoin”to ensure freedom.“
Kennedy’s endorsement of Bitcoin and his appearance at the Bitcoin 2023 conference will likely attract the attention of Bitcoin enthusiasts and the media. As a presidential candidate, his views on Bitcoin and its role in our economy will be closely watched in the months ahead.