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Pro-Bitcoin Presidential Candidate Robert Kennedy Jr. Endorsed by Jack Dorsey

2 mins
Updated by Kyle Baird
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In Brief

  • Jack Dorsey also predicted a win for Kennedy.
  • Kennedy is an advocate for self-custody of crypto.
  • He is also accepting BTC campaign donations.
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Twitter co-founder Jack Dorsey has officially backed pro-crypto presidential candidate Robert F. Kennedy, Jr.

On June 4, the tech entrepreneur tweeted the endorsement in response to a news clip of an interview with Kennedy.

The interview was titled: “Robert F. Kennedy, Jr. argues he can beat Trump and DeSantis in 2024.” Dorsey simply said, “He can and will.”

Jack Dorsey stated that he endorsed Robert Kennedy Jr. for US President. Source: Twitter/@jack
Jack Dorsey stated that he endorsed Robert Kennedy Jr. for US President. Source: Twitter/@jack

Pro-Bitcoin Robert Kennedy Turns Up Presidential Run

Dorsey responded to a question on whether this was just an endorsement or a prediction with “both.”

Other comments suggested that the DNC (Democratic National Committee) would not allow it, to which Dorsey responded, “Even more reason,” followed by, “But they seem to be more irrelevant by the day.”

IBC Group CEO Mario Nawfal suggested that Elon Musk could be the next to endorse the pro-crypto candidate.

Kennedy is a nephew of President John F. Kennedy and a strong proponent of Bitcoin, which he views as an “exercise in democracy.”

A recent Fox Poll result gave Kennedy just 16% in the Democrat primaries. However, according to a CNN poll, this increased to 20% once he started on the campaign trail last month.

He kicked it off in May with a well-received keynote address at a Bitcoin conference in Miami. During the speech, he labeled Bitcoin as a “bulwark” against “government and corporate expansion and intrusion.”

Kennedy also said:

“As president, I will make sure that your right to hold and use Bitcoin is inviolable,”

He has also shown a deeper knowledge of crypto and advocates digital asset self-custody:

“You should be able to own your own private keys, the same as you own the keys to your car or own your wallet… I don’t think the government has the right to demand access to your Bitcoin key or indeed any of your passwords. To say otherwise to cede essential territory to a surveillance state.”

This is the opposite of the opinion of some senators and regulators that see Bitcoin as nothing more than a casino chip favored by drug cartels.

Kennedy also said that he would be the first presidential candidate in U.S. history to accept campaign donations in BTC.

BTC Prices Back Down

Bitcoin prices have fallen back over the past few hours, wiping out any daily gains. The asset was trading at $26,839 at the time of writing, following a 0.8% decline on the day.

However, it remains within a range-bound channel that has continued sideways since mid-March.

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Martin Young
Martin Young is a seasoned cryptocurrency journalist and editor with over 7 years of experience covering the latest news and trends in the digital asset space. He is passionate about making complex blockchain, fintech, and macroeconomics concepts understandable for mainstream audiences.   Martin has been featured in top finance, technology, and crypto publications including BeInCrypto, CoinTelegraph, NewsBTC, FX Empire, and Asia Times. His articles provide an in-depth analysis of...
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