U.S. Presidential candidate Kennedy: Plans to put the U.S. budget on the blockchain for three hundred million people to review

Independent presidential candidate Robert F. Kennedy Jr. stated at a rally in Michigan that blockchain technology can play a crucial role in increasing government transparency and called for a Web3 transformation of the federal budget.

According to a report by Decrypt, Robert F. Kennedy Jr., the nephew of former U.S. President Kennedy and a current supporter of Bitcoin, spoke at a rally in Michigan as an independent presidential candidate:

"I will put the entire U.S. budget on the blockchain so that every American can view every budget item 24 hours a day."

Kennedy's latest comments are part of his ongoing campaign to promote cryptocurrency technology to improve the national economy. Last July, he proposed a plan to gradually implement using Bitcoin to back the U.S. dollar and exempt Bitcoin from capital gains tax if elected. He emphasized that Bitcoin is not a security, does not require regulation, and will end the current Biden-era Choke Point 2.0 pressure on crypto companies.

However, Kennedy also acknowledged that while blockchain can empower citizens in government oversight, transparency could also be used against them. He remains cautious about central bank digital currencies (CBDC), calling the technology a "tool of control and oppression that will certainly be abused."

According to a report by CNN, Kennedy and other independent candidates have performed exceptionally well in early presidential election polls this fall, highlighting people's dissatisfaction with Biden and Trump, further increasing uncertainty. In five national surveys conducted in early March, when Kennedy's name was explicitly included in the survey questions, his independent presidential campaign averaged 13% support.