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Robert F Kennedy Jr. Calls CBDCs “Instruments of Control and Oppression”

More opposition to centrally-controlled digital currencies.

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In an interview with The New York Post, Robert F. Kennedy Jr., a Democratic Party presidential candidate, took a deep dive into the topic of currency. He unfolded his candid views on Bitcoin, expressed trepidations over central bank digital currencies (CBDCs), and rang the bell of caution around artificial intelligence (AI).

Kennedy plans to “support Bitcoin and the freedom to transact,” and enable individuals to wield command over “Bitcoin wallets, nodes, and passwords.” In his world, regulatory fetters would be whittled down to the bare essentials to curb money laundering.

Kennedy also locked horns with Biden’s proposed crypto tax, a formidable 30%, and sounded the alarm against CBDCs.

His argument on CBDCs was clear-cut – CBDCs, in his estimation, are “instruments of control and oppression, and are certain to be abused.” He’s not alone in this battle-cry; his rival from the Republican stables, Ron DeSantis, shares a kindred spirit.

His disquiet was not merely consigned to the domain of cryptocurrency; artificial intelligence was equally ensnared in his critical lens. Kennedy called for the global harnessing of AI, citing figures like Elon Musk, whose advocacy for free speech he commended. The omens, as he foresees, are grave – where AI’s formidable might could “control narratives, create illusions, surveil our activities to dictate our behaviors and enforce compliance, and ultimately enslave humanity.”

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