Jack Dorsey endorsed a US presidential candidate who supports the introduction of cryptocurrencies

Former Twitter CEO and current Blockchain CEO Jack Dorsey has expressed support for US presidential candidate Robert Francis Kennedy Jr. who is a supporter of the introduction of digital assets into the US economy.

"He can and will," Dorsey tweeted.

He can and will https://t.co/zrKLc2BKhz

— jack (@jack) June 4, 2023

When asked whether he was «endorsing or just predicting» his candidate’s victory, the former Twitter CEO replied "both."

Kennedy Jr. is the nephew of the 35th president of the United States, a member of the Democratic Party and a cryptocurrency supporter. In April, he said that bitcoin and other digital assets are an alternative to the traditional financial system. In May, the politician began accepting donations to BTC and during the Bitcoin 2023 conference called the flagship asset «a symbol of democracy and freedom.»

Earlier, he criticized the SEC (Securities and Exchange Commission) and FDIC (Federal Deposit Insurance Corporation) for the «war on cryptocurrencies» that led to the banking crisis in the country. Kennedy Jr. also spoke out against CBDC. In his opinion, the digital dollar will become «the ultimate mechanism of social monitoring and control.»

According to a Cato Institute survey, only 16% of Americans supported the idea of CBDC, while 34% opposed the introduction of the technology. Almost half of the respondents have not yet formed a final opinion. At the same time, only 28% of respondents had no idea about the development. Kennedy’s opponent, Florida Governor Ron DeSantis, is also against CBDC. In May, he signed a law against the digital dollar that prohibits its issue and use in the state.