Jack Dorsey, CEO and co-founder of Block, Supports Robert F. Kennedy Jr. for 2024 Presidential Campaign
In a notable development, Jack Dorsey, the CEO of Block and co-founder of Twitter, has publicly endorsed Robert F. Kennedy Jr., a Democratic presidential candidate known for his advocacy of Bitcoin. Dorsey took to Twitter on Sunday, sharing a video clip of Kennedy being interviewed on Fox News by Harris Faulkner under the title “Robert F. Kennedy, Jr. argues he can beat Trump and DeSantis in 2024.”
Adding his own commentary to the clip, Dorsey stated, “He can and will.” This endorsement comes as no surprise, considering Dorsey’s longstanding support for Bitcoin and his belief in its potential as a global currency.
Back in 2014, Dorsey famously remarked that Bitcoin could become the “native currency of the internet.” Since then, he has consistently championed Bitcoin and blockchain technology, with Block’s Cash App enabling users to buy and sell Bitcoin.
When asked by a user on Twitter whether his endorsement of Kennedy was genuine or simply a prediction, Dorsey responded with “Both.” This further confirms his support for Kennedy’s candidacy and his belief in the potential synergy between Bitcoin advocacy and political leadership.
While some users expressed skepticism about Kennedy’s chances of securing the Democratic nomination due to potential resistance from the Democratic National Committee (DNC), Dorsey dismissed these concerns, stating, “Even more reason” and expressing his belief in the decreasing relevance of the DNC.
Robert F. Kennedy Jr., the nephew of the late President John F. Kennedy, has a distinguished background in law, specializing in environmental law and serving as a former prosecutor for the U.S. Department of Justice. In recent years, he has gained attention for his controversial views on COVID-19 vaccines, advocating for stricter testing and regulation.
During his appearance at the Bitcoin 2023 conference in Miami, Kennedy shared his interest in Bitcoin, sparked by the Canadian government’s controversial freezing of bank accounts belonging to protesting truck drivers during lockdown measures. He pledged to protect the right to hold and use Bitcoin as president, describing the cryptocurrency as a safeguard against government and corporate overreach.
Kennedy also criticized the government’s campaign against the digital assets industry, referring to it as a “war on crypto.” Additionally, he expressed concerns about central bank digital currencies (CBDCs), arguing that they could enable governments to freeze assets, impose spending limits, and surveil individuals’ private financial affairs. These views align with those of Republican presidential nominee Ron DeSantis, the Governor of Florida, who recently banned CBDCs in the state.
In summary, Jack Dorsey’s endorsement of Robert F. Kennedy Jr. reflects his support for the Democratic candidate’s pro-Bitcoin stance and belief in his potential as a presidential contender. Kennedy’s advocacy for Bitcoin and his critical stance on government overreach in the digital assets space have resonated with Dorsey and others who share similar views on cryptocurrency and personal financial freedoms.
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