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Home»Regulation»Presidential Hopeful Robert F. Kennedy Says He’ll Put Entire US Budget ‘On Blockchain’ for Transparency: Report
Presidential Hopeful Robert F. Kennedy Says He’ll Put Entire US Budget ‘On Blockchain’ for Transparency: Report
Regulation

Presidential Hopeful Robert F. Kennedy Says He’ll Put Entire US Budget ‘On Blockchain’ for Transparency: Report

2024-04-24No Comments2 Mins Read
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US presidential candidate Robert F. Kennedy says that he’ll make use of blockchain know-how in public funds if he wins the nation’s highest political workplace, in response to a report by The Hill.

The report cites Kennedy saying at a rally in Michigan that he’ll use blockchain know-how to boost transparency and accountability in US public spending.

“I’m going to place all the US finances on the blockchain in order that any American — each American can have a look at each finances merchandise in all the finances anytime they need 24 hours a day…

We’re going to have 300 million eyeballs on our finances, and if any individual is spending $16,000 for a bathroom seat, all people’s going to learn about it.”

In contrast to in an everyday database, data recorded on a blockchain can neither be altered nor deleted and this ends in a everlasting and clear document of all entries.

Since saying his candidacy in Could 2023, the nephew of the thirty fifth US president John F. Kennedy has emerged as some of the crypto-friendly politicians. About two months after coming into the race, Kennedy promised he would again the greenback with Bitcoin (BTC) and different property if he had been elected to the White Home.

“The Kennedy administration will start to again the US greenback with actual finite property akin to gold, silver, platinum and Bitcoin, which is the world’s hardest liquid asset to strengthen the US greenback and assure its continued success as a world reserve foreign money.”

In accordance with Kennedy, Bitcoin is an answer to foreign money debasement and cash printing.

See also  Arbitrum Blockchain Traders Can Now Protect Against Impermanent Loss

“Between 2008-22, the Fed partnered with a handful of huge banks to print $10 trillion — ten centuries of wealth in 15 years — a bonanza for the banksters.

Cryptocurrencies like Bitcoin give the general public an escape route from the splatter zone when this bubble invariably bursts. So the White Home is colluding with the banksters to maintain us all trapped within the bubble of profiteering and management.”

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