The campaign is the first in American history to accept Bitcoin contributions.
Robert F. Kennedy Jr. declared at his debut appearance as a presidential candidate at the Bitcoin 2023 conference that he will be the first presidential candidate in American history to accept donations in Bitcoin.
He praised the cryptocurrency as a “symbol of democracy and freedom” during the event.
“Today, we show the world the power and the durability and the flexibility of Bitcoin. [...] Almost everyone in this room is aware of the link between Bitcoin and democracy and freedom. [...] They’re passionate because of the deep representation of a deep need that we have for liberty and democracy and the promise that this innovation has to guarantee those virtues."
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The contender, who is running against President Joe Biden, has been tweeting about his libertarian opinions on cryptocurrency.
RFK Jr. Targets Bitcoin Supporters
The well-known politician Robert F. Kennedy Jr. has joined the group of elected officials who have accepted donations in Bitcoin. This action appeals to a rising number of Bitcoin supporters and offers the chance to access potentially substantial cash donations. Political campaigns have recently benefited greatly from cryptocurrency donations, with prominent individuals like Sam Bankman-Fried and corporations like Coinbase making substantial contributions and supporting legislation pertaining to cryptocurrencies.
Related: White House hopeful RFK Jr. says instant payments may lead to ‘financial slavery’
The choice made by RFK Jr. is in line with the changing nature of political fundraising and the growing significance of cryptocurrencies in the political sphere.