During his latest rally, pro-crypto US candidate Robert F. Kennedy Jr. promised to use blockchain technology to “bring transparency to American citizens” if elected. The independent candidate has constantly advocated for blockchain technology and the crypto industry, which has granted him the support of figures in the community.<\/p>\n
Presidential candidate Robert F. Kennedy presented<\/a> the idea of putting the US budget on blockchain to achieve better transparency during a Michigan rally on April 21. The politician stated, \u201cI\u2019m gonna put the entire US budget on blockchain.\u201d<\/p>\n Seemingly, US citizens want more transparency about where their tax money is being spent. The proposal would address this recurring concern among Americans:<\/p>\n Every American can look at every budget item in the entire budget, anytime they want, 24 hours a day.<\/p>\n<\/blockquote>\n If Kennedy were to win the November election and implement the idea, the US would have \u201c300 million eyeballs on our budget.\u201d Moreover, US citizens would know \u201cif somebody is spending $16,000 for a toilet seat.\u201d<\/p>\n Members of the crypto community received the proposition positively. Some users on social media platform X considered the idea \u201ctransformative\u201d and \u201cwhat the nation’s founders would have done if they had the tech.\u201d<\/p>\n Most American's have no idea how transformative that would be. This is what the founders of the nation would have done if they had the tech. This is key to creating a government we can trust.<\/p>\n — optictopic (@Optictopic) April 22, 2024<\/a><\/p>\n<\/blockquote>\n Another user deemed<\/a> the idea of a \u201crefreshing\u201d way of \u201clooking at problems and finding solutions,\u201d despite considering that the independent candidate has a “low chance of winning the election.”<\/p>\n The results of the US presidential elections that will be held in November could be decisive for crypto adoption and regulation in the country. \u00a0This electoral campaign has shown a variety of regulatory approaches and advocacy for cryptocurrencies among the candidates.<\/p>\n Most notably, former Republican candidate Vivek Ramaswamy advocated for better crypto regulations and warned of Central Bank Digital Currencies (CBDC). Ultimately, Ramaswamy influenced former US president and current Republican\u00a0candidate Donald Trump.<\/p>\n Trump has now expressed his opposition to an American CBDC and shown a more pro-crypto stance. Despite his preference for the US dollar, the former president recognizes the importance of cryptocurrencies and the industry.<\/p>\n The independent candidate\u2019s campaign has received support from figures like Jack Dorsey, founder of Twitter and current CEO of Block Inc. More recently, the founder of Cardano, Charles Hoskinson, showed his support for the politician.<\/p>\n In X post, Kennedy shared a clip of Hoskinson expressing his stance on the November presidential elections. As of April 4, Cardano\u2019s founder believes that RFK Jr is somebody \u201cwho actually could make a difference, regardless of if he wins.\u201d<\/p>\n Crypto guru and Cardano co-founder Charles Hoskinson (@IOHK_Charles<\/a>) endorses RFK Jr., saying he\u2019s the best person to back this November.<\/p>\n #KennedyShanahan24<\/a> pic.twitter.com\/a0taHwr0cD<\/a><\/p>\n — Robert F. Kennedy Jr (@RobertKennedyJr) April 17, 2024<\/a><\/p>\n<\/blockquote>\n He further asserted his endorsement of the candidate, calling him \u201cthe horse to ride this November.\u201d Hoskinson wishes people would get inspired by this election. He added that win or lose, he hopes a \u201cstrong civic sense that things need to change\u201d will be built.<\/p>\n Based on this, some X users believe<\/a> that Cardano has a high chance of being the blockchain the presidential candidate would use to implement his \u201cUS budget on Blockchain\u201d idea. Others find the Bitcoin blockchain would be better suited for the task.<\/p>\n Ultimately, Kennedy\u2019s proposal seems to have fueled the conversation about ways blockchain technology could be implemented<\/a> to solve problems in the American system and bring transparency.<\/p>\n <\/p>\n\n
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<\/span>Cardano Founder Shows Support To RFK Jr.<\/span><\/h2>\n
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