ccording to Breadcrumbs data, Robert Kennedy Jr. an independent presidential candidate, has only received $61,000 in Bitcoin donations since 2023. This is a very small amount compared to other candidates such as Donald Trump and relative to Kennedy’s total campaign donation of over $100 million.
Monitoring Difficulties and the Problem of Reporting
The data in the Federal Election Commission files include only Bitcoin donations up to September 2023. However, There is no way of tracking the funds donated through OpenNode and the Lightning Network and so the total amount of the funds received might be higher.
RFK Jr. Pro Bitcoin
RFK was one of the first presidential candidates to endorse bitcoin publicly in the United states. He even accepted Bitcoin donations and has been vocal about pro bitcoin policies, even saying that he wants to add BTC as a reserve currency.
Support from Crypto Community
Despite receiving a low amount of donations in BTC, RFK was endorsed and was shown support from many crypto leaders in the space, especially from Charles Hoskinson, the CEO of Cardano saying that he supports RFK’s idea of adding BTC as a reserve currency.
RFK Jr's Crypto Push
Even though Bitcoin contributions are a minor portion of RFK Jr ‘s campaign contributions, his support for the blockchain indicates the rising role of cryptocurrencies in political campaigns. The difficulties of monitoring these donations explain why transparency in crypto campaign donations are important to gather accurate data.
