Post
Topic
Board Bitcoin Discussion
Re: US Presidential candidate announces plan to back the US dollar with Bitcoin
by
Fiatless
on 19/07/2023, 10:10:28 UTC
US Presidential candidate Robert F. Kennedy Jr. announces plan to back the US dollar with Bitcoin. Do your think it is a good idea?
source: https://www.thestreet.com/cryptocurrency/rfk-jr-announces-plan-to-back-dollar-with-bitcoin-end-bitcoin-taxes
I don't always believe what politicians say especially during campaigns but it is good news. Integrating Bitcoin into the monetary policy of a financially strong and politically influential nation like the US is a big boast of bitcoin. He said the dollars will be backed by bitcoin, gold, and silver gradually. He also promised to make the US bitcoin-friendly through tax exemptions and fewer regulations. We have had some US presidential hopefuls proposing policies to make Bitcoin popular if they become president and the majority of them are Republicans. This news alone is good for Bitcoin and we keep hoping that any of them wins. I have not heard Trump's current views about bitcoin after he called it a scam. Maybe his views have change after all his predictions failed.