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Cryptocurrency News Articles

Cardano Founder Joins Crypto Bigwigs Backing Kennedy for POTUS

Apr 07, 2024 at 01:03 am

Cardano founder Charles Hoskinson has endorsed Robert Francis Kennedy Jr. (RFK) for the U.S. Presidency, citing his understanding of the nation's past and present as well as his support for cryptocurrency. RFK's candidacy has garnered support within the crypto industry due to his pro-crypto stance, while other candidates such as former President Donald Trump and incumbent President Joe Biden have also expressed positive views towards Bitcoin and cryptocurrencies.

Cardano Founder Joins Crypto Bigwigs Backing Kennedy for POTUS

Cardano Founder Endorses Robert F. Kennedy Jr. for US Presidency

Cardano founder Charles Hoskinson has announced his endorsement of Robert Francis Kennedy Jr. (RFK) for the upcoming United States presidential election. The move has drawn attention within the cryptocurrency community, as RFK has been vocal in his support for digital assets.

Hoskinson cited RFK's deep political roots and understanding of American history as key factors in his decision. He noted that RFK's lineage, including his father and uncle, provides him with a unique perspective on the nation's past and present.

Despite running as an independent candidate from the "We The People" party, RFK has garnered significant support, particularly from prominent figures in the cryptocurrency industry. This endorsement follows Coinbase Chief Product Officer Faryar Shirshad's recent praise for RFK's pro-crypto stance.

Kennedy has outlined plans to implement "transactional freedom" in the United States if elected president. This includes measures to foster a supportive environment for cryptocurrency innovation and adoption.

Hoskinson's endorsement highlights the growing influence of the cryptocurrency community in American politics. Several presidential candidates have sought to appeal to crypto voters, recognizing their potential impact in the election.

Frontline Contenders Jockey for Crypto Votes

Alongside Hoskinson's choice, former US President Donald Trump and current President Joe Biden are among the frontrunners competing for crypto-related votes.

Trump, a Republican, has reversed his previous anti-Bitcoin stance and now expresses support for the cryptocurrency. He has stated that he is against banning Bitcoin and that many people are interested in using it as a payment method.

Biden, a Democrat, has faced criticism from the crypto community due to his administration's enforcement actions against cryptocurrency exchanges. However, some analysts believe that crypto voters could still consider supporting Biden, especially if they prioritize the overall political landscape.

The endorsement of RFK by Cardano founder Charles Hoskinson further underscores the importance of cryptocurrency issues in the upcoming presidential election. As the campaign progresses, candidates will continue to weigh their positions on digital assets to attract the support of a growing and influential group of voters.

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