RFK Jr. drops out of presidential race, while Trump takes lead on Polymarket
Kennedy is set to address the nation from Arizona on Aug. 23 and could potentially reveal more support for Trumps presidency.
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Kennedy is set to address the nation from Arizona on Aug. 23 and could potentially reveal more support for Trumps presidency.
Its unclear if the Independent presidential candidate will join forces with Donald Trump, but both are scheduled to speak in the same area on the same day.
Nicole Shanahan claimed that 51% of Americans were against the two-party system dominating modern United States politics.
During the industry day of the annual Bitcoin conference in Nashville, Tennessee, Robert Kennedy Jr., an independent candidate for the US presidency, unveiled an ambitious financial policy plan that could transform the United States into the worlds largest holder of Bitcoin. The policy centers on the strategic acquisition of Bitcoin, valued at $619 billion, to match the current US gold reserves. This move, according to Kennedy Jr., is aimed at redefining monetary policy and enhancing fiscal discipline within the federal government. Kennedy Jr. Vs. Donald Trump During a roundtable discussion with Scott Melker and Caitlyn Long, CEO of Custodia Bank, Kennedy Jr. emphasized the philosophical alignment between his policies and the Bitcoin community’s ideals of personal freedom, property rights, and governmental integrity. “This is more than about increasing the size of your pile,” Kennedy Jr. said, underlining Bitcoin’s potential to enhance self-sovereignty and counteract what he describes as a “destructive war economy” driven by fiat currency. Bitcoin is not only an offramp to this inflationary highway which is the highway to hell, but it also is a way of restoring integrity to our government. It’s a way of restoring personal freedoms, it’s a way the middle class can isolate itself from inflation which is just a form of government theft, the independent candidate stated. Related Reading: In The Works: Jersey City Mayors Plan To Introduce Bitcoin ETFs Into Pension Funds Kennedy Jr. drew a contrast between his consistent advocacy for Bitcoin and the recent supportive gestures from former President Donald Trump, who will speak at the conference on Saturday. Kennedy pointed out Trumps prior skepticism and his recent controversial decision to potentially appoint JPMorgan CEO Jamie Dimon as Treasury Secretary, which Kennedy criticized as contrary to the ethos of draining the political “swamp.” He added, President Trump also was connected with Steve Mnuchin who tried to end person-to-person Bitcoin transactions,” emphasizing the need for a cautious approach towards Trumps newfound enthusiasm for Bitcoin. Moreover, Kennedy Jr. detailed his plan to incrementally integrate Bitcoin into the US treasury. Starting with the issuance of treasury bills anchored to a basket of hard currenciesincluding platinum and goldKennedy proposed a phased approach that would begin with 1% of new treasury issuances backed by these hard assets, scaling up to 100% over time. US Would Need To Buy $619 Billion In Bitcoin I would be willing to add Bitcoin to the balance sheet. I’m going to do that. I’m gonna actually do a basket of hard currencies of maybe platinum and gold and other hard currencies and begin issuing at least the class of treasury bills that are anchored to hard currency. Let’s say the first year by 1% and then maybe the next year by 2% to watch how that goes because that will inject discipline into the product and ultimately get up to 100%, Kennedy Jr. explained. Related Reading: VanEck Predicts Bitcoin Price Could Hit $52.38 Million, Heres When Notably, his strategy would involve direct purchases of Bitcoin to achieve holdings equivalent to the US gold reserves. I would like to have the federal government begin to buy Bitcoin and over the term my term of office ultimately have an equivalent amount of Bitcoin that we have gold. Because Bitcoin is an honest currency, it’s a currency that’s based upon proof of work,” he declared. According to data by Arkham, the US government currently holds 213,239 BTC worth $14.3 billion confiscated through law enforcement. That means, even if Kennedy would transfer all of these into a strategic reserve, the US would need to buy much more BTC at current prices. The US currently holds the largest official gold reserves in the world, with 8,134 tons of gold valued at approximately $619 billion. To match this value with Bitcoin at current prices would require purchasing about 9.4 million BTC. This acquisition would represent nearly 45% of the total 21 million BTC that will ever be mined. For perspective, MicroStrategy, the largest corporate holder of Bitcoin, owns 226,331 BTC, and BlackRock, the largest spot Bitcoin ETF manager, controls 334,000 BTC. At press time, BTC traded at $66,976. Featured image from YouTube, chart from TradingView.com
The presidential hopeful praised Bitcoin eloquently as a future support for the US economy and a way to fix broken American money and society.
U.S. presidential candidate Robert F. Kennedy Jr. says he does not want anti-crypto people on the Securities and Exchange Commission (SEC). He also slammed the securities regulator for protecting banks rather than the American people. “What they’re doing is obscure, it’s not transparent, and it’s not bringing transparency to our system,” said the presidential hopeful. [...]
The post Robert Kennedy Jr Slams SEC for Protecting Banks Instead of American People — Calls for Crypto-Friendly Commissioners appeared first on Crypto Breaking News.
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) says bitcoin is the offramp from central banks’ “money printing machine.” Emphasizing that bitcoin is a “hard currency,” he stressed the importance of making the cryptocurrency available to the American public. “Transactional freedom is as important as freedom of speech and you only get that from [...]
The post Robert Kennedy Jr: Bitcoin Is Inflation Offramp BTC Is Key to Transactional Freedom appeared first on Crypto Breaking News.
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) says cryptocurrency is the “best hedge against inflation.” He stressed that crypto “takes control away from the government and from the monopolistic banking system which uses money printing to shift wealth upward to the oligarchy of billionaires while impoverishing regular Americans.” RFK Jr. Says ‘Crypto Equals [...]
The post Robert F Kennedy Jr Sees Cryptocurrency as the Best Inflation Hedge Says Crypto Takes Control Away From the Government appeared first on Crypto Breaking News.
In late 2024, citizens of the United States will take to the voting booths to elect their next president — a four-year term that could have a vast impact on the next crypto bull run. Though polls are set to open on Nov. 5, 2024, dozens of U.S. politicians have already signaled an intention to [...]
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“I’m going to put my money where my mouth is,” the Democratic presidential candidate said as he doubled down on his support for Bitcoin.
Democratic presidential candidate Robert F. Kennedy Jr. has confirmed he purchased a significant amount of Bitcoin (BTC), earlier this year — buying two BTC for each of his seven children. Speaking in a July 26 Twitter space, Kennedy said the decision came after he received “a lot of criticism” from crypto industry pundits and the [...]
The post Robert Kennedy Jr. admits to buying 2 Bitcoin for each of his 7 children appeared first on Crypto Breaking News.
RFK Jr. says he would use Bitcoin to stabilize the U.S. dollar, as well as make Bitcoin profits exempt from capital gains tax.
Democratic presidential candidate Robert F. Kennedy Jr. (RFK) will be the first presidential candidate in United States history to accept campaign donations with Bitcoin, making his first appearance as a presidential candidate at the crypto conference. He praised the cryptocurrency as a “symbol of democracy and freedom” during the event. “Today we show the world [...]
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Web3 Liberation from Postmodernisms Stranglehold: The Art Renaissance By VESA Postmodernism isnt just an art issueits everywhere. This single, pervasive philosophy has seeped into big tech, corporations, legislation, media, and nearly every major institution, often strangling genuine creativity, diversity of thought, and depth. For comparison, there are around 200 other philosophies, 4,300 religions, the male perspective, homemaker moms, the working class, the diminishing middle class, the scientific paradigm, and much more that are left out of gallery circles simply because they dont fit the dominant narrative, which paradoxically claims to be the one that’s repressed. Its really a luxury belief for the modern aristocracya tool for controland the Marxist roots always emerge when pressure is applied. Postmodernisms defining trait is deconstruction, pulling apart concepts and ideals without ever offering a cohesive path forward. Its a circular maze that keeps doubling back on itself, producing increasingly bizarre conclusions to solve the very problems it creates. Real solutions lie in expanding the field of view beyond this single frame, embracing a diversity of philosophies, religions, and perspectives that have grounded humanity for millennia. The real power of Web3 lies in its ability to do just that: to break art and culture out of this one-note narrative, empowering creators and thinkers alike to explore beyond the limits imposed by postmodernism. This is what we missed in the first run of NFT’s importing the same postmodern experts from the realm we were trying to break free from. That and some better tech solutions for sustainable art, as some of the falling platforms have showed. We first had a true avant-garde scene, which was then quickly eroded by the millions upon millions showered on end-stage postmodern expressions, championed by people who either (a) didnt realize how tired it all was or (b) were heavily financially and ideologically incentivized to support it. Funny, not funny It turns out that holding contempt for ideas and their significance means that, time and again, the working class ends up being ruled by them. While I understand why this is amusing to some, I see how many are now disillusioned, as the humanities have been overtaken by a single, monolithic ideology. Similarly, the U.S. intelligentsia’s “flyover states” disdain is now facing a reckoning with the MAGA hat in a very different way after 40 years of indulging in postmodern ideas and scorn. The underbelly of the speech in A Bugs Life is surfacing, too. You can’t only summarise postmodernism to be woke and Marxist, but you aren’t far off. In case you want to hear the foundations, Steven Hicks has a brilliant analysis and summary of it. You might have to spend 3hrs to save your life & community to get it, so it’s not that long, really Part I – Philosophy foundations Part II – Relevance now For five long decades, postmodernism has held art in a chokehold, enforcing its narrow, often cynical, view of reality. Art became a reflection of societys fragmentation, alienation, and obsession with ironywhat I call the “postmodern monolithic rule.” While postmodernism initially sought to challenge established norms, it has since become the new establishment, dictating an increasingly restrictive narrative. The art world under postmodernism has marginalised genuine exploration, profound beauty, and universal human truths. This is where Web3 steps in, not just as a technological shift but as a liberation front for artistic expression. That was the point. Not just monetising what ever, but to actually set culture free. Web3 allows artists to break out from the centralised grip of traditional galleries and critics, unleashing a decentralized platform where new ideas can flourish – however this means the scene has to support that, instead of the next duck tape banana or drooling ape AI pic. Through NFTs and blockchain, creators can finally bypass the gatekeepers, reaching audiences directly and letting their art speak unfiltered. Its the anti-postmodern era weve been waiting forone that values authenticity, courage, and depth over calculated irony and shallow critique. The freedom to explore and create in as vast a way as the internet has already guided us to be for the past twenty years. What is the Garden of Earthly Delights by Hieronymus Bosch. From paradise to hell, the lesson path is clear in the end stage. These aren’t just imaginative nightmares. They’re warnings about human nature and what a world without religion is like. Feel familiar a bit? The twet link will explain it further. Outside the restrictive frame of postmodernism lies a rich expanse of artistic traditions and narratives that weve been missing out on. Imagine a return to the timeless pursuits of beauty, harmony, and spirituality, merged with the advancements of digital technology. Art that celebrates connection, transcendence, and human potential. Web3 offers the tools to bring these visions to life, and artists are now free to explore themes of mythology, futurism, abstraction, and even divinityall without needing to conform to a single ideology. This isnt just art for arts sake; its art for humanitys sake, and its been a long time coming. Authenticity as an Artist: From Cave Paintings to the Metaverse Art isnt a recent trendits a core aspect of the human journey that dates back to our ancestors painting on cave walls. In todays world, however, many artists find themselves constrained by expectations to follow specific trends, often losing their authenticity along the way. True artistry isnt about following popular movements or creating what’s fashionable. Its about tapping into a lineage of creativity that spans thousands of years, one that includes everything from the first tribal carvings to the masterworks of the Renaissance, all the way to the digital landscapes of the metaverse. Why did Graham Hancock’s Ancient Apocalypse suddenly get attacked as racist, with Hancock himself labeled a white supremacist, despite his thirty-year marriage to a woman of color and his long-standing praise of ancient cultures worldwide throughout his journalistic career? You guessed itpostmodernism, as the series collapses the narrative. I’ll write more on that later. Inside the art world, for the most part, you might hear of Mayan culture and traditions, but not the parts that contradict postmodern ideas. Being an authentic artist means immersing yourself in this vast ocean of history and expression, drawing inspiration from the past and future alike. The beauty of Web3 is that it allows artists to travel across these realms without restriction. The blockchain and NFTs dont just democratize art; they create a space where we can explore new forms of expression while staying grounded in the wisdom of our creative ancestors. The metaverse, for instance, offers the opportunity to merge the digital with the timeless, creating interactive experiences that honor the depth and spirituality of older art forms while pushing the boundaries of whats possible. When you explore the richness of art history, you find yourself standing on the shoulders of giants. Authentic art doesnt mimic or simply reactit builds bridges. Its about discovering your voice in this vast chorus and using every tool available, whether it’s oil on canvas, sculpture, or VR. Web3 and the metaverse make this journey even more exhilarating, providing artists with a canvas as expansive as their imaginations. True artists dig deep, break molds, and remind us that art is not bound by time or technology but by a timeless quest for truth. Imagine the uproar, the fuss and emotional outbursts if there was to be a grand unveiling of an openly conservative gallery? The Heretical Idea: Curate Your Own Galleries Outside the Establishment Heres a heretical idea for cultural curators and artists: Forget trying to break into the art world if you don’t feel represented. Start your own galleries, curate your own shows, and let Web3 be your platform for sharing art on your own terms. It’s cheap to start an online gallery. Web3 has made this entirely possible. With decentralized platforms, artists can sidestep traditional gatekeepers, reach global audiences, and create communities that appreciate and support their work. Curating your own gallery isnt just an act of defiance; its a celebration of creative freedom. Imagine artists coming together to form collectives that highlight unique styles, new voices, and daring themes that the conventional art world might consider too much. With NFTs and blockchain, you have the tools to bring these exhibitions to life without relying on anyone elses approval. Curating your own gallery in the Web3 space doesnt just disrupt the old system; it builds a new one based on collaboration, innovation, and authenticity. This is where real artistic diversity can thrive, unbound by the constraints of a single ideology. Artists can create galleries that reflect their own vision, themes, and messageswhether thats surrealism, futurism, spiritual exploration, or socio-political commentary. The freedom to shape your own narrative is the most powerful tool artists have, and Web3 is the key to unlocking it. Its time to stop waiting for permission and start creating spaces that embody the true spirit of art: raw, fearless, and unfiltered. TDR Notice that all these artists and collectors below are doing this poll by not making their views public. I’ve been standing up for this, in the free speech spirit, since I came in from 2017, and was put in the web3 Western culture jail for it (mostly) since. Here is an earlier article to prove it. 7-years ago So, have your postmodernism, it’s fine, I’m not trying to take your voice away from you, but actually deliver on the inclusion promise so everyone can come to play. The virtual is for everyone, not just one dominant ideology that leaves out most of the world. There are so many avenues to explore, but if artists don’t even dare to voice any nuance, let alone take a side in the most polarising election of my lifetime, then something is deeply wrong. As for the cover image, I have my reservations about Trump, even if theres a potential Web3 landslide against the pro-censorship camp led by figures like Kamala. My concerns are less pronounced with Elon Musk, Ron Paul, RFK, Tulsi Gabbard, and increasingly JD Vance after listening to him on Rogan. While most visual artists sat this one outeven in Web3the comedians have shifted the landscape, outpacing us 6-0 in terms of relevance. The thing is, even if Trump is guilty of a lot, he and his team of “X-men mutants” have become voices for Bitcoin, free speech, opposition to big pharma, and perhaps even psychedelics, squirrels, and the like. For the first time in my life, a political campaign is actually addressing ideas that interest me. Of course, as I am not a US citizen, you don’t have to worry about my vote even if you absolutely hate everything I just wrote. None the less, this election will greatly influence my life, and it is addressed in the web3 citizen of the world spirit. Let that sink in, VESA Crypto Artist, Speaker, Consultant, Writer All links to physical, NFTs, and more below http://linktr.ee/ArtByVesa
RFK Jr. has been a longtime Bitcoin advocate, praising its power to transmute currency inflation as US government debt tops $36 trillion.
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has warned of severe consequences of a nuclear war between the U.S. and Russia. In one estimate, more than five billion people could die from a war between the two nations, including around 99% of those in the U.S., Europe, Russia, and China. RFK Jr on [...]
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U.S. Presidential Candidate Robert F. Kennedy Jr. has warned that “the banking collapse is the tip of an economic mega-crisis,” emphasizing that “It’s not just the banks.” He also slammed President Joe Biden’s crypto mining tax proposal. “It is a mistake for the U.S. government to hobble the industry and drive innovation elsewhere,” Kennedy stressed.
The post Robert Kennedy Jr Warns of Mega Economic Crisis — Says ‘It’s Not Just the Banks’ appeared first on BTC Ethereum Crypto Currency Blog.
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) and former U.S. Representative Ron Paul agree that America does not have a free market. Referencing RFK Jr. stating that America has “a crony corporatist system,” Paul stressed: “He’s right!” RFK Jr. and Ron Paul on Free Market Former U.S. Representative Ron Paul has expressed his [...]
The post Robert Kennedy Jr and Ron Paul Agree America Doesn’t Have a Free Market appeared first on Crypto Breaking News.
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