Pro Crypto RFK Jr Mulls Dropping Out To Back Donald Trump

Robert F. Kennedy Jr.’s independent presidential campaign, recognized for its strong pro-crypto stance, is reportedly considering a major shift in its strategy. In an interview, Kennedy’s vice presidential nominee, Nicole Shanahan, said that the campaign is weighing whether to continue the race or withdraw and support Donald Trump, the Republican candidate. This decision may have a huge impact on the 2024 presidential election particularly in the swing states.

Pro Crypto RFK Jr Mulls Dropping Out To Back Trump

During an interview on the Impact Theory podcast, Shanahan outlined two possible scenarios for the campaign. One possibility is to continue in the race and garner more than 5% of the popular vote so as to lay the foundation for a third party in future elections.

The other option is to withdraw from the race and endorse Donald Trump, whom Shanahan believes may have a better shot at defeating the Democratic ticket of Kamala Harris and Tim Walz.

Shanahan also pointed out that the decision is not simple because the campaign was initially aimed at the victory and the enforcement of the pro-crypto and other reformist agendas. She said, “I did not invest tens of millions of dollars to be a spoiler candidate.” Kennedy’s pro-crypto stance has therefore raised hopes of collaboration with Donald Trump, especially among voters most concerned with crypto regulation and development.

Crypto Stance and Potential Alliance

Moreover, RFK Jr’s campaign has been known to support pro-crypto policies and has gained the support of the voters who believe that cryptocurrencies can help advance economic freedom by minimizing the role of the government in financial systems. He supports crypto as part of a larger vision to rid the government of corporate money, safeguard the First Amendment, and stop the politicization of law enforcement.

Consequently, Kennedy responded to this in his recent tweet saying,

“As always, I am happy to engage with leaders of any political party in order to advance the goals that I have worked towards for 40 years in my career and in this campaign. “

He continued to express his concern regarding issues like the reversal of chronic disease epidemic, stopping the war machine, and combating pollution.

If they were to align themselves with Trump, who has also shown an interest in positive crypto policies, they could energize the voting populace that doubts the existing financial system and government regulation. Citing an example of Kennedy’s statement that Trump “is highly likely to be the next President of the United States” from an interview, XRP lawyer MetaLawMan recently speculated on an X thread that Kennedy might endorse Trump.

Impact on the 2024 Election and Future Political Plans

If Kennedy endorses Trump, it would be a major blow to the 2024 election. Surveys indicate that Kennedy’s participation in the election may lead to the redistribution of votes from Trump, especially in the swing states.

However, if he decides to step back and endorse Trump, he can consolidate the pro-crypto and anti-establishment vote which may well be an advantage over Harris.

In addition, such an endorsement could consolidate the pro-crypto vote, especially given Trump’s desire to invite Elon Musk into his administration. Trump has reportedly offered Musk a position within his administration, indicating an interest in cryptocurrency and technological advancement that echoes Kennedy’s sentiments.

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Kelvin Munene Murithi

Kelvin is a distinguished writer specializing in crypto and finance, backed by a Bachelor’s in Actuarial Science. Recognized for incisive analysis and insightful content, he has an adept command of English and excels at thorough research and timely delivery.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

Source: https://coingape.com/breaking-pro-crypto-rfk-jr-mulls-dropping-out-to-back-donald-trump/