"Robert Kennedy Jr. Defends Crypto Privacy Amidst Calls for Taxation and Energy Consumption Concerns"

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Source: NBC News
"Robert Kennedy Jr. Defends Crypto Privacy Amidst Calls for Taxation and Energy Consumption Concerns"
Photo: NBC News
TL;DR Summary

Robert F. Kennedy Jr. will make his first appearance as a presidential candidate at a cryptocurrency conference in Miami, where he will keynote the Bitcoin 2023 conference. Kennedy has positioned himself as one of the nation’s most prominent political champions of cryptocurrency, despite the fact that the industry is a major contributor to climate change, which puts him at odds with most other environmentalists. Kennedy opposes the White House's proposed 30% excise tax on electricity used in crypto mining, suggesting that bitcoin's environmental impact has been overstated and that the industry needs to switch to more renewable sources.

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