c/finance · by tardigrada@beehaw.org · 3y

Robert F. Kennedy Jr. Says He Doesn’t Want ‘Anti-Crypto’ People on the US Securities and Exchange Commission

http://web.archive.org/web/20230530133649/https://www.thestreet.com/cryptocurrency/news/crypto-rfk-jr-robert-f-kennedy-exclusive-interview

"[The] SEC’s function now is not to protect the American people, but it’s to protect the banks – particularly the central banks and those interests," Kennedy said. The presidential candidate also spoke about the impact of inflation [...], saying that digital assets presented an "exit ramp" for those worried about traditional money being misused in the name of foreign wars or bailing out big banks.

1 points · 2 comments · view on lemmy.world

2 Comments

tardigrada@beehaw.org · 0 pts · 3y (1 reply)

He [Robert Kennedy Jr.] also criticized the inevitability of central bank digital currencies, or CBDCs, which he fears the U.S. government may weaponize for financial surveillance. He drew parallels to what happened to the 2022 Ottawa truckers, who had facial recognition technology deployed against them to log their identities.

"They had people going out looking at the license plates, facial recognition, and doing data mining on these people to find out who they were, and then shutting down their bank accounts, so they couldn’t pay their mortgages, they couldn’t pay their alimonies, they couldn’t pay for food for their families and children," he said. "If a government has that power, it can turn us all into slaves overnight."

"If they can get you out of your home cause you can’t pay your mortgage or your rent, and if they can starve you, most people are going to comply," he added.

longshaden@beehaw.org · 1 pts · 3y

land of the free, home of the brave 😄

A government does have that much power, and few have the ability to afford speaking out and getting their assets frozen/seized.