Summary
Robert F. Kennedy Jr. wants to put the entire U.S. budget on the blockchain for transparency. He believes this will hold government officials more accountable for their spending. While he supports cryptocurrency tech to improve the economy, he is wary of Central Bank Digital Currencies leading to financial surveillance.
Key Points
1. Robert F. Kennedy Jr. believes that blockchain technology can enhance government transparency by putting the entire U.S. budget on the blockchain for public scrutiny.
2. By utilizing blockchain technology for day-to-day payments and logging transactions, the government can be held more accountable, with citizens being able to monitor spending and detect any irregularities.
3. While Kennedy advocates for cryptocurrency and blockchain to improve the economy, he also warns against the potential misuse of transparency, particularly in the context of Central Bank Digital Currencies (CBDCs) leading to financial surveillance.