Democratic presidential candidate Robert F. Kennedy Jr. mentioned on Sunday that Bitcoin BTC/USD is probably not as dangerous to the surroundings.
What Occurred: Kennedy, who can also be an environmental advocate, emphasised that the environmental argument shouldn’t be used as a pretext to restrict the liberty to transact.
“Attention-grabbing argument that Bitcoin not so unhealthy for the surroundings in spite of everything. On the very least, environmental argument shouldn’t be used as a smokescreen to curtail freedom to transact,” he wrote on Twitter.
Whereas issues about Bitcoin’s environmental affect, stemming from its energy-intensive mining course of, have been raised by some policymakers like Sen. Elizabeth Warren.
Final week, in a Twitter Areas interview with Melker, a crypto investor and podcaster, Kennedy Jr. expressed his help for the apex cryptocurrency.
“I purchased two Bitcoin for every of my seven youngsters,” Kennedy disclosed through the interview. He made this funding shortly after talking on the Bitcoin Convention in Could. Kennedy defined, “Now I am a Bitcoin proprietor, and I am certain they’re going to now discover a totally different option to come at me, however nobody can say I did not put my cash the place my mouth is.”
See Extra: A Keep At The Floating Palace From James Bond’s ‘Octopussy’
Why It Issues: Nonetheless, Elon Musk may not fully agree with RFK Jr.
In 2021, Tesla suspended car purchases utilizing Bitcoin as a consequence of local weather change issues, its CEO Musk mentioned. Tesla’s announcement in March 2021 that it might settle for the cryptocurrency was met with an outcry from some environmentalists and buyers.
“We’re involved about quickly growing use of fossil fuels for Bitcoin mining and transactions, particularly coal, which has the worst emissions of any gasoline,” Musk wrote. “Cryptocurrency is a good suggestion… however this can not come at nice value to the surroundings.”
Because the race for the presidency unfolds, with Individuals set to solid their votes on Nov. 4, 2024, Kennedy finds himself trailing behind incumbent President Joe Biden in latest polling by a margin of over 50 factors.
Worth Motion: On the time of writing, BTC was buying and selling at $29,623.61, up 2.36% within the final 24 hours, in response to Benzinga Professional.
Learn Subsequent: Bitcoin, Ethereum, Dogecoin Spike Amid Microstrategy Plans To Bag Extra BTC: Analyst Says Meme Cash About To Be Flushed By King Crypto
Be a part of Benzinga’s Way forward for Crypto in NYC on Nov. 14, 2023, to remain up to date on traits like AI, rules, SEC actions & institutional adoption within the crypto house. Safe early chicken discounted tickets now!
Photograph by In The Mild Pictures on Shutterstock
