Robert F. Kennedy Jr., an independent presidential candidate, emphasized his proposal to use blockchain technology to manage the U.S. budget during a campaign stop in Michigan on Sunday, April 21. Kennedy wants to make federal spending transparent by allowing Americans to monitor government expenditures on items like toilet seats.
“We’re gonna have 300 million eyeballs on our budget, and if somebody is spending $16,000 for a toilet seat, everybody’s gonna know about it,” Kennedy said.
“I’m gonna put the entire U.S. budget on blockchain so that every American can look at every budget item in the entire budget, anytime they want, 24 hours a day,” he said.
Blockchain technology — essential for cryptocurrencies and secure digital transactions — provides a transparent, tamper-proof and permanently unalterable record of data stored in blocks linked by cryptography. These decentralized systems are not controlled by any single entity, increasing their transparency and resistance to manipulation.
RFK Jr. used historical government overpayments, like the $16,000 toilet seats, to demonstrate how blockchain could improve government spending transparency.
He continues to advocate for cryptocurrency technology to strengthen the U.S. economy, including specific policies to back the dollar with Bitcoin reserves and exempt Bitcoin profits from capital gains taxes.
“My administration’s mission of making America the global hub of cryptocurrencies, particularly Bitcoin, as a means of incentivizing greater investment in green and renewable energy production and attracting engineering, investment and innovation to our country,” Kennedy said in 2023. “I will clarify some kind of sensible jurisdiction in governance that Bitcoin is not a security and should not be regulated as one.”
Kennedy is building momentum in his presidential campaign, having secured a spot on Michigan’s ballot — the second state after Utah to do so. His campaign and supporters say they have collected enough signatures in crucial states like Arizona, Georgia, Nevada and North Carolina, pending official validation.
