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A US Presidential Candidate Proposes Putting U.S. Budget on Blockchain

A US Presidential Candidate Proposes Putting U.S. Budget on Blockchain

Independent U.S. Presidential Candidate Robert F. Kennedy Jr. Aims to Bring Unprecedented Transparency to Government Spending by Putting The Entire U.S. Budget on The Blockchain.

Robert F. Kennedy Jr., an independent candidate for the United States presidency, has unveiled an ambitious plan to digitize the entire U.S. budget using blockchain technology. Kennedy made this announcement during a rally in Michigan, where he emphasized the importance of transparency and accountability in government spending.

According to Kennedy, putting the U.S. budget on the blockchain would allow American citizens to scrutinize every budget item in real time, preventing scandals such as the past instances of exorbitant expenditures on trivial items. Kennedy believes that blockchain technology can revolutionize the budgetary process by providing unparalleled transparency and accountability.

Kennedy’s advocacy for blockchain extends beyond budgeting; he also accepts campaign donations in Bitcoin and supports linking the U.S. dollar with Bitcoin if elected president. However, Kennedy opposes the idea of a central bank digital currency (CBDC), aligning with many Republicans, including former President Trump, on this issue.

Kennedy’s pro-crypto stance has earned him recognition from the Stand With Crypto nonprofit, which rates him as “strongly supportive of crypto.” This rating contrasts with President Biden’s classification as “against” crypto, despite his administration’s executive order in 2022 outlining plans for responsible digital asset development.

As Kennedy continues his unconventional presidential bid amidst the Trump-Biden rematch, his advocacy for blockchain transparency and crypto-friendly policies sets him apart in the political landscape, offering a unique perspective on the future of digital assets in the United States.