Jack Dorsey, founder of Twitter and current CEO of fintech company Block Inc., has put his support behind pro-cryptocurrency Democratic presidential candidate Robert F. Kennedy Jr.
“He can and he will,” Dorsey wrote, linking to a Fox News video on YouTube in which Kennedy explains how he intends to defeat prominent Republican presidential candidates Ron De Santis and Donald Trump.
Dorsey responded “both” when a user inquired if he was “endorsing or just predicting” Kennedy.
Robert Kennedy is the nephew of the 35th President of the United States, John F. Kennedy, and the most recent member of the Kennedy political dynasty to run for president.
Kennedy, an environmental attorney and outspoken opponent of vaccination, announced his presidential candidacy on April 19. Kennedy is a notable proponent of cryptocurrencies.
During his keynote address at the Bitcoin Miami Conference on May 19, he informed attendees that he would accept Bitcoin donations for his presidential campaign.
He has referred to Bitcoin as an “innovation engine” and criticized Central Bank Digital Currencies (CBDCs) as instruments that can “vastly magnify the government’s power to suffocate dissent by cutting off access to funds with a keystroke.”
On May 3, Kennedy also condemned the proposed crypto-mining tax by the Biden administration. He referred to the proposed 30% tax on the energy used by cryptocurrency miners as a “bad idea.”
He claimed that while mining’s energy consumption is “a concern,” it is “somewhat exaggerated.”
According to a Fox News poll conducted on May 27, Kennedy has the support of 16% of Democratic primary voters, which, as Fox observes, is a “sizable chunk” for a primary challenger against an incumbent president.