Is Robert Kennedy Jr. crypto’s hero? Not the one it needs

Robert F. Kennedy Jr., a controversial figure who is running for the Democratic 2024 nomination, has drawn attention for his outlandish views on a range of issues. Despite his lack of credibility, Kennedy has a large following due to his political pedigree, which affords him an outsized platform to espouse his beliefs. This includes his upcoming appearance at Bitcoin Miami, where he will speak to a crowd of crypto enthusiasts.

While Kennedy’s views on crypto are generally supportive, the industry should be cautious about embracing him too closely. Not only has he been boosted by far-right figures like Steve Bannon and Tucker Carlson, but his beliefs on other issues, such as vaccine conspiracy theories and unfounded claims about the dangers of 5G technology, make him a dubious figure to align with. The crypto industry has better options for political allies, both on the left and right, who can achieve far more for the cause.

Furthermore, Kennedy’s candidacy is not without controversy, as he has accused the CIA of playing a role in the assassination of his uncle, President John F. Kennedy. He has also spread baseless theories about Bill Gates attempting to control the population with microchips. Kennedy’s views are not only far-fetched, but they also detract from serious discussions about important issues facing the country.

While it may be tempting to embrace Kennedy’s support for crypto, the industry should be careful not to associate itself too closely with his fringe views. Instead, it should seek out credible allies who can help advance the cause of cryptocurrency in a responsible and effective manner.