Presidential candidates intention to place US finances on blockchain

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  • Robert F. Kennedy Jr. plans to place the whole US finances on the blockchain.
  • This might improve transparency and improve oversight of the federal government.
  • Kennedy Jr. stated he would finish the conflict over Bitcoin waged by the White Home.

Robert F. Kennedy Jr., an impartial candidate within the upcoming US presidential election, plans to place the whole US finances on blockchain, attracting the eye of the digital asset sector.

At a rally in Michigan on Sunday, President Kennedy introduced his intention to “put the U.S. finances on the blockchain,” including:

“I'm going to place the whole U.S. finances on the blockchain, and each American will be capable of see each line merchandise in the whole finances, 24 hours a day.”

Retrieving each transaction on the blockchain could be a frightening job, but when Kennedy Jr. manages to maintain his promise, the spending of U.S. authorities funds would theoretically come beneath larger scrutiny, and lawmakers will likely be held to a better stage of accountability to the general public. As a result of they’ll see all transactions.

The presidential candidate cited stories that the Pentagon paid $640 per bathroom seat within the Nineteen Eighties and $10,000 per seat cowl in 2018.

“We're going to have 300 million eyeballs in our finances. If somebody spends $16,000 on a bathroom seat, everybody will know.”

It is very important observe that Kennedy is an avid supporter of Bitcoin and the digital asset sector. He just lately stated if elected he would finish the conflict the White Home has been waging over Bitcoin, whereas including that Bitcoin just isn’t that dangerous for the surroundings.

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