2024

April

<p>Presidential hopeful under the candidacy of the Democratic Party, Robert F. Kennedy Jr, has drawn attention to the blockchain’s immutability and highlighted its potential use in <a href="https://www.cryptopolitan.com/white-house-joins-forces-with-tech-giants/" data-type="link" data-id="https://www.cryptopolitan.com/white-house-joins-forces-with-tech-giants/">state affairs</a>.</p> 
<p>This comes after his May stance defending the right to operate blockchain nodes from home and self-custody innovative industry-neutral energy regulation.</p> 
<h2 class="wp-block-heading" id="what-has-been-said">What Has Been Said?</h2> 
<figure class="wp-block-image">
 <img decoding="async" width="1200" height="799" src="https://www.cryptopolitan.com/wp-content/uploads/2024/04/image-93-2.jpg" alt="" class="wp-image-515260" srcset="https://www.cryptopolitan.com/wp-content/uploads/2024/04/image-93-2.jpg 1200w, https://www.cryptopolitan.com/wp-content/uploads/2024/04/image-93-2-300x200.jpg 300w, https://www.cryptopolitan.com/wp-content/uploads/2024/04/image-93-2-768x511.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px">
</figure> 
<p>With preparations for the U.S. Presidential Elections ramping up, Robert F. Kennedy has stated his intention to put the entire U.S. national budget on the blockchain.&nbsp;</p> 
<p>He proposed the idea at a Michigan rally, stating that the development would let every American look at “every budget item anytime they want, 24 hours a day. According to him,” if somebody is spending $16,000 for a toilet seat, everybody’s gonna know about it.”</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">NEW: 🇺🇸 RFK Jr. says “I’m gonna put the entire US budget on blockchain”<br><br>“Every American can look at every budget item in the entire budget, anytime they want, 24 hours a day.”<br><br>“We’re gonna have 300 million eyeballs on our budget!” <a href="https://t.co/TBpkcXt5i1" rel="nofollow" target="_blank">pic.twitter.com/TBpkcXt5i1</a></p>— Radar🚨 (@RadarHits) <a href="https://twitter.com/RadarHits/status/1782298931092734241?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">April 22, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<h2 class="wp-block-heading" id="what-does-this-mean-for-the-us">What Does This Mean for The US?</h2> 
<p>Adopting this practice would indicate a big step from traditional budgetary practices. It would mean that the state was ready to use blockchain technology to make the <a href="https://www.govinfo.gov/app/collection/budget" data-type="link" data-id="https://www.govinfo.gov/app/collection/budget" rel="nofollow noopener" target="_blank">national budget</a> publicly available.&nbsp;</p> 
<p>If implemented, this move would help promote accountability in state matters and engage ordinary American citizens.</p> 
<h2 class="wp-block-heading" id="national-budget-and-beyond-the-blockchain-agenda">National Budget and Beyond: The Blockchain Agenda</h2> 
<figure class="wp-block-image">
 <img decoding="async" width="1280" height="720" src="https://www.cryptopolitan.com/wp-content/uploads/2024/04/image-94.jpg" alt="national budget" class="wp-image-515261" srcset="https://www.cryptopolitan.com/wp-content/uploads/2024/04/image-94.jpg 1280w, https://www.cryptopolitan.com/wp-content/uploads/2024/04/image-94-300x169.jpg 300w, https://www.cryptopolitan.com/wp-content/uploads/2024/04/image-94-1200x675.jpg 1200w, https://www.cryptopolitan.com/wp-content/uploads/2024/04/image-94-768x432.jpg 768w" sizes="(max-width: 1280px) 100vw, 1280px">
</figure> 
<p>As early as 2023, Robert F. Kennedy Jr. revealed plans to not tax Bitcoin-to-dollar conversions under capital gains. This was part of his overall proposal to start backing the dollar with assets like crypto and gold.</p> 
<p>He’d earlier stated that “Backing dollars and U.S. debt obligations with hard assets could help restore strength back to the dollar, rein in inflation and usher in a new era of American financial stability, peace and prosperity.”</p> 
<p>Robert F. Kennedy admitted, though, that the start of the process would be slow. He also stated that “very, very small, perhaps 1% of issued T-bills” would be backed by these assets.</p> 
<h2 class="wp-block-heading" id="reception-on-social-media">Reception on Social Media</h2> 
<p>Robert F. Kennedy Jr’s statements regarding the national budget were met with mixed opinions on social media. Some users praised the idea as brilliant and as a way to fight corruption.</p> 
<p>On the other hand, some have criticized the plan, claiming that the presidential candidate was only focused on advocating for a central bank digital currency (CBDC).</p>

U.S Presidential Candidate Robert F. Kennedy Jr. Seeks to Put National Budget on the Blockchain

Mục lục

Cryptopolitan_News

Các bài viết khác được xuất bản trên 23 thg 4, 2024

Top 4 Cheap Cryptos Under One Cent to Buy Now

Only Five Days Remain To Invest In Bitcoin Minetrix’s $13 Million Presale Before Post-Halving Pri...

Ethereum Price Forecast is Promising! Will Ethereum Reach $5,000 After Bitcoin Halving?

SEC Lawyers Reportedly Resign After “Gross Abuse” Of Power In DEBT Box Case

PayPal Proposed ‘Cryptoeconomic’ Rewards For Sustainable Bitcoin Miners

DeGods NFT Eyes Return to Solana After Stint on Ethereum

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!