Robert Kennedy Jr. argued that computers and video games use just as much electricity as mining, yet they attract no scrutiny. He said that cryptocurrencies are required to ensure the freedom of citizens.
Presidential candidate Robert Kennedy Jr criticized the Biden administration for proposing 30% tax on minersaccused the administration of using the environmental argument as a pretext to suppress tech like Bitcoin.
As the nephew of former U.S. President John F. Kennedy, Robert Kennedy hails from one of the most popular and influential political families in the United States.Robert Kennedy Jr took to Twitter on 3 May to criticize the recent actions taken by the current government regarding the country’s crypto industry.
The Council of Economic Advisors to the Biden Administration unveiled the tax in question as part of the President’s budget. The Council pitched the 30% tax as a way of getting crypto miners to “pay their fair share of the costs imposed on local communities and the environment.”is supposed to help the administration fight climate change and reduce energy prices.
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