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- Robert F. Kennedy Jr. plans to place all the US funds on the blockchain.
- This might improve transparency and put the federal government below extra scrutiny.
- Kennedy Jr. said that he would finish the battle over Bitcoin waged by the White Home.
Robert F. Kennedy Jr., an unbiased candidate for the upcoming United States presidential elections, plans to place all the funds of the USA on the blockchain, attracting the eye of the digital asset sector.
Throughout a rally in Michigan on Sunday, Kennedy expressed his intentions of placing the “US funds on blockchain,” whereas including:
“I’m going to place all the US funds on blockchain in order that any American — each American can have a look at each funds merchandise in all the funds anytime they need 24 hours a day.”
Whereas getting each transaction on the blockchain is a hefty job, if Kennedy Jr. efficiently retains his promise, the spending of cash by the US authorities would theoretically be put below elevated scrutiny, and the lawmakers would have the next degree of accountability to the general public as a result of they might see every transaction.
The presidential candidate referred to the studies of the Pentagon paying $640 per rest room seat within the Nineteen Eighties and $10,000 every for the alternative of the seat covers in 2018:
“We’re gonna have 300 million eyeballs on our funds, and if any individual is spending $16,000 for a bathroom seat, everyone’s gonna learn about it.”
It is very important word that Kennedy is a staunch supporter of Bitcoin and the digital asset sector. He not too long ago said that if elected, he would finish the battle that the White Home has waged over Bitcoin, whereas additionally including that Bitcoin will not be so unhealthy for the surroundings.
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