{"id":530138,"date":"2023-05-05T19:30:42","date_gmt":"2023-05-05T19:30:42","guid":{"rendered":"https:\/\/wncen.com\/?p=530138"},"modified":"2024-06-11T08:50:44","modified_gmt":"2024-06-11T08:50:44","slug":"former-doj-kennedy-jr-laments-on-global-financial-censorship-shows-support-for-bitcoin","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/former-doj-kennedy-jr-laments-on-global-financial-censorship-shows-support-for-bitcoin\/","title":{"rendered":"Former DoJ Kennedy Jr, Laments on Global Financial Censorship, Shows Support For Bitcoin"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The former US Department of Justice Attorney General Robert Francis Kennedy Jr, recently <\/span><span style=\"font-weight: 400\">lamented the growing financial censorship<\/span><span style=\"font-weight: 400\"> worldwide and showed support for Bitcoin.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The financial censorship of political enemies is something we\u2019re used to seeing under authoritarian regimes. No one was surprised when Russia froze more than 100 bank accounts tied to opposition leader Alexei Navalny. But Canada did it too, locking more than 200 accounts of\u2026<\/p>\n<p>&mdash; Robert F. Kennedy Jr (@RobertKennedyJr) <a href=\"https:\/\/twitter.com\/RobertKennedyJr\/status\/66706176?ref_src=twsrc%5Etfw\" rel=\"nofollow\">May 5, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">According to Kennedy Jr, the major victims are political enemies of most governments that he classified as &#8220;authoritarian regimes.&#8221;<\/span><\/p>\n<h2>Political Enemies Made To Suffer Financial Censorship<\/h2>\n<p><span style=\"font-weight: 400\">In his Twitter post, Kennedy stated that the trend in this financial prohibition is evident in several countries globally. In 2019, <\/span><a href=\"https:\/\/www.reuters.com\/article\/uk-russia-politics-navalny-idUKKCN1UY1EZ\" rel=\"nofollow\"><span style=\"font-weight: 400\">Russian authorities froze<\/span><\/a><span style=\"font-weight: 400\"> over 100 bank accounts related to the opposition leader Alexei Navalny. Though the authorities stated that the action aligned with a money laundering investigation, many citizens believed it was politically inclined.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/bitcoin\/why-is-bitcoin-and-crypto-up-today\/\">Why Is Bitcoin And Crypto Up Today?<\/a><\/div>\n<p><span style=\"font-weight: 400\">Last year, Canada froze over 200 accounts of people and firms connected to the protests in Ottawa against Covid-19 mandates. <\/span><\/p>\n<p><span style=\"font-weight: 400\">According to the reports, Royal Canadian Mounted Police (RCMP) froze several financial products, which included bank and corporate accounts. Also, it froze a payment processing account with a valuation of about $3.8 million.<\/span><\/p>\n<p><span style=\"font-weight: 400\">After citing these instances, the environmental lawyer stated that financial censorship is gradually creeping into the United States. This means a person\u2019s account could be frozen due to his comments on social media or political stance.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Kennedy Jr cited the incidents in 2010 when PayPal, Mastercard, and Visa suspended an NGO and whistleblowing platform, WikiLeaks, that exposed big corporations and government institutions of unethical acts. Notably, the suspension was through the command of the US State Department.\u00a0<\/span><\/p>\n<h2>DoJ Kennedy Jr On Bitcoin And CBDCs<\/h2>\n<p><span style=\"font-weight: 400\">The central banks of countries manage Central Bank Digital Currencies (CBDCs). This means that the government will control the financial accounts of all residents in a country that runs CBDC.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Kenndy Jr believes CBDCs could magnify a government&#8217;s power to suppress meaningful political dissent. The authorities could decide to cut the financial access of some individuals just because of political statements and opinions.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-on-chain-transactions-reach-new-heights-whats-fueling-the-surge\/\">Bitcoin On-Chain Transactions Reach New Heights, What\u2019s Fueling the Surge?<\/a><\/div>\n<p><span style=\"font-weight: 400\">The lawyer noted that a meaningful dissent should include people&#8217;s ability to save and use their finances without political interference. It should be about maintaining the proper political protection from powerful personal interests regarding democracy.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">But citizens&#8217; meaningful dissent is at risk with the adoption of CBDCs and their power to the government. As such, Kennedy Jr supported Bitcoin, stating that the crypto asset would allow anyone to operate financially without government interference.<\/span><\/p>\n<figure id=\"attachment_530140\" aria-describedby=\"caption-attachment-530140\" style=\"width: 860px\" class=\"wp-caption alignnone\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-530140 size-large\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/05\/BTCUSDT_2023-05-05_19-18-00.png?resize=860%2C499\" alt=\"Former DoJ Kennedy Jr, Laments on Global Financial Censorship, Shows Support For Bitcoin\" width=\"860\" height=\"499\"><figcaption id=\"caption-attachment-530140\" class=\"wp-caption-text\">BTC rises with the hope of minting more profits l Source: <a href=\"https:\/\/www.tradingview.com\/x\/JfosYjKZ\/\" rel=\"nofollow\">Tradingview.com<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">In his words, Bitcoin is a lifesaver that enables people\u2019s free global movement and actions.<\/span><\/p>\n<p>Featured image from Pexels and chart from Traidngview.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The former US Department of Justice Attorney General Robert Francis Kennedy Jr, recently lamented the growing financial censorship worldwide and showed support for Bitcoin. The financial censorship of political enemies is something we\u2019re used to seeing under authoritarian regimes. No one was surprised when Russia froze more than 100 bank accounts tied to opposition leader Alexei Navalny. But Canada did it too, locking more than 200 accounts of\u2026 &mdash; Robert F. Kennedy Jr (@RobertKennedyJr) May 5, 2023 According to Kennedy Jr, the major victims are political enemies of most governments that he classified as &#8220;authoritarian regimes.&#8221; Political Enemies Made To Suffer Financial Censorship In his Twitter post, Kennedy stated that the trend in this financial prohibition is evident in several countries globally. In 2019, Russian authorities froze over 100 bank accounts related to the opposition leader Alexei Navalny. Though the authorities stated that the action aligned with a money laundering investigation, many citizens believed it was politically inclined. Related Reading: Why Is Bitcoin And Crypto Up Today? Last year, Canada froze over 200 accounts of people and firms connected to the protests in Ottawa against Covid-19 mandates. According to the reports, Royal Canadian Mounted Police (RCMP) froze several financial products, which included bank and corporate accounts. Also, it froze a payment processing account with a valuation of about $3.8 million. After citing these instances, the environmental lawyer stated that financial censorship is gradually creeping into the United States. This means a person\u2019s account could be frozen due to his comments on social media or political stance. Kennedy Jr cited the incidents in 2010 when PayPal, Mastercard, and Visa suspended an NGO and whistleblowing platform, WikiLeaks, that exposed big corporations and government institutions of unethical acts. Notably, the suspension was through the command of the US State Department.\u00a0 DoJ Kennedy Jr On Bitcoin And CBDCs The central banks of countries manage Central Bank Digital Currencies (CBDCs). This means that the government will control the financial accounts of all residents in a country that runs CBDC.\u00a0 Kenndy Jr believes CBDCs could magnify a government&#8217;s power to suppress meaningful political dissent. The authorities could decide to cut the financial access of some individuals just because of political statements and opinions.\u00a0 Related Reading: Bitcoin On-Chain Transactions Reach New Heights, What\u2019s Fueling the Surge? The lawyer noted that a meaningful dissent should include people&#8217;s ability to save and use their finances without political interference. It should be about maintaining the proper political protection from powerful personal interests regarding democracy.\u00a0 But citizens&#8217; meaningful dissent is at risk with the adoption of CBDCs and their power to the government. As such, Kennedy Jr supported Bitcoin, stating that the crypto asset would allow anyone to operate financially without government interference. In his words, Bitcoin is a lifesaver that enables people\u2019s free global movement and actions. Featured image from Pexels and chart from Traidngview.com<\/p>\n","protected":false},"author":547,"featured_media":529865,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,78790,17024,88221],"class_list":["post-530138","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btcusdt","tag-cbdcs","tag-doj-kennedy-jr"],"acf":[],"yoast_head":"\n<title>Former DoJ Kennedy Jr, Laments on Global Financial Censorship, Shows Support For Bitcoin<\/title>\n<meta name=\"description\" content=\"The former Attorney General of the US Department of Justice, Robert Francis Kennedy Jr, recently lamented the growing financial censorship worldwide and showed support for Bitcoin.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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