[ad_1]
Bitcoin 2023 will host Robert F. Kennedy Jr., who not too long ago defended Bitcoin mining after the Biden Administration proposed a 30% tax on its power utilization.
Robert F. Kennedy Jr. is ready to make his first look as a U.S. Presidential candidate on the Bitcoin 2023 convention in Miami, taking place Might 18-20. In a latest assertion, Kennedy expressed his assist for Bitcoin and denounced President Biden’s proposed 30% tax on cryptocurrency mining, stating that it’s a mistake for the U.S. authorities to stifle innovation within the business.
Kennedy additionally addressed considerations over the environmental affect of Bitcoin mining, stating that the power utilization argument is overstated and that Bitcoin mining consumes about the identical quantity of power as video video games. He believes that the environmental argument is getting used as a pretext to suppress something that threatens elite energy constructions, together with Bitcoin.
As well as, Kennedy has argued that tight management of cryptocurrencies to forestall their use by criminals isn’t the answer. He identified that dissidents and strange residents additionally want privateness and that governments typically management financial institution accounts and fee platforms to crush dissent. Kennedy believes that till belief is restored in authorities, money and bitcoin are wanted to make sure freedom.
Kennedy additionally spoke in regards to the significance of getting a various ecology of currencies, moderately than only a single, centrally managed one. He believes that simply as a biodiverse ecosystem is extra resilient, so too will our economic system be extra resilient with a range of currencies.
Beforehand, Kennedy had stated that there “is a misunderstanding” from critics who declare Bitcoin’s power utilization is a foul factor, and that People want Bitcoin “to make sure freedom.”
Kennedy’s assist for Bitcoin and his look on the Bitcoin 2023 convention will doubtless garner consideration from Bitcoin fanatics and the media alike. As a presidential candidate, his views on Bitcoin and its position in our economic system will probably be intently watched within the coming months.
[ad_2]
Source link
