{"id":12830,"date":"2024-04-23T12:52:34","date_gmt":"2024-04-23T09:52:34","guid":{"rendered":"https:\/\/forklog.com\/en\/us-presidential-candidate-proposes-moving-federal-budget-to-blockchain\/"},"modified":"2024-04-23T12:52:34","modified_gmt":"2024-04-23T09:52:34","slug":"us-presidential-candidate-proposes-moving-federal-budget-to-blockchain","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/us-presidential-candidate-proposes-moving-federal-budget-to-blockchain\/","title":{"rendered":"US Presidential Candidate Proposes Moving Federal Budget to Blockchain"},"content":{"rendered":"<p>US presidential candidate Robert F. Kennedy Jr. has proposed transferring the federal budget to blockchain to enhance transparency.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">NEW:  RFK Jr. says \u201cI\u2019m gonna put the entire US budget on blockchain\u201d<\/p>\n<p>\u201cEvery American can look at every budget item in the entire budget, anytime they want, 24 hours a day.\u201d<\/p>\n<p>\u201cWe\u2019re gonna have 300 million eyeballs on our budget!\u201d <a href=\"https:\/\/t.co\/TBpkcXt5i1\">pic.twitter.com\/TBpkcXt5i1<\/a><\/p>\n<p>\u2014 Radar (@RadarHits) <a href=\"https:\/\/twitter.com\/RadarHits\/status\/1782298931092734241?ref_src=twsrc%5Etfw\">April 22, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>He explained his initiative as an effort to allow any citizen to \u201csee every item at any time, 24 hours a day.\u201d<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cWe\u2019re going to have 300 million eyes on our budget. If someone spends $16,000 on a toilet seat, everyone will know about it,\u201d<\/em> he stated.<\/p>\n<\/blockquote>\n<p>The community largely supported Kennedy&#8217;s proposal, with some noting the potential to reduce misallocation of funds.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">RFK Jr is pushing CBDC and rightoids are cheering. <\/p>\n<p>lol <a href=\"https:\/\/t.co\/y5ekQir4ot\">https:\/\/t.co\/y5ekQir4ot<\/a> <a href=\"https:\/\/t.co\/QHaYK4QKem\">pic.twitter.com\/QHaYK4QKem<\/a><\/p>\n<p>\u2014 Jeremiah Harding  (@InsanityIsFree) <a href=\"https:\/\/twitter.com\/InsanityIsFree\/status\/1782277226421248110?ref_src=twsrc%5Etfw\">April 22, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cChecks and balances in our government don\u2019t work if branches of power are colluding in corruption (especially the President and Congress). It\u2019s time to hold them accountable,\u201d<\/em> wrote one user.<\/p>\n<\/blockquote>\n<p>Others saw Kennedy Jr.&#8217;s blockchain remarks as an attempt to create a digital dollar.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">RFK Jr is pushing CBDC and rightoids are cheering. <\/p>\n<p>lol <a href=\"https:\/\/t.co\/y5ekQir4ot\">https:\/\/t.co\/y5ekQir4ot<\/a> <a href=\"https:\/\/t.co\/QHaYK4QKem\">pic.twitter.com\/QHaYK4QKem<\/a><\/p>\n<p>\u2014 Jeremiah Harding  (@InsanityIsFree) <a href=\"https:\/\/twitter.com\/InsanityIsFree\/status\/1782277226421248110?ref_src=twsrc%5Etfw\">April 22, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In November 2023, the politician described Bitcoin as a response to the threat of CBDCs, calling it an \u201celegant solution\u201d for transactional freedom.<\/p>\n<p>Earlier, Kennedy Jr. highlighted digital gold as an alternative to the traditional financial system and criticized US regulators for a \u201cwar on cryptocurrencies\u201d that led to a banking crisis in the country.<\/p>\n<p>Back in October 2023, the politician declared his intention to protect Bitcoin if elected president, calling it the \u201ccurrency of freedom.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US presidential candidate Robert F. Kennedy Jr. has proposed transferring the federal budget to blockchain to enhance transparency. NEW: RFK Jr. says \u201cI\u2019m gonna put the entire US budget on blockchain\u201d \u201cEvery American can look at every budget item in the entire budget, anytime they want, 24 hours a day.\u201d \u201cWe\u2019re gonna have 300 million [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12829,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[25,1334,1280,1224,36,26],"class_list":["post-12830","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blockchain","tag-digital-dollar","tag-elections","tag-macroeconomics","tag-regulation","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/12830","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=12830"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/12830\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/12829"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=12830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=12830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=12830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}