As a seasoned investor with a knack for spotting trends and a penchant for unconventional assets, I find Robert F. Kennedy Jr’s stance on Bitcoin intriguing. His long-standing support for the digital currency, coupled with his recent substantial investment, resonates with my own inclination towards cryptocurrencies as a hedge against inflation and a beacon of financial freedom.
Robert F. Kennedy Jr has gained attention once more following comments he made, suggesting that a significant portion of his fortune is invested in Bitcoin (BTC).
Previously unaffiliated contender referred to Bitcoin as the “Currency of Liberty” in a November 16th internet publication, emphasizing its ability to shield against currency devaluation due to inflation. More recently, RFK Jr expressed this sentiment in a video reemerged online.
“I’m a huge supporter of Bitcoin. I was here a year ago at the other Bitcoin conference. I went home and put most of my wealth into Bitcoin, so I’m fully committed.”
For quite some time now, as a researcher, I’ve been vocal about Bitcoin – advocating its potential to bring stability to the U.S. dollar. I believe that this digital currency, which operates without a central authority, has a fixed supply, and is neutral, could serve as a bulwark against currency devaluation. Similar assets like gold and silver are also part of my considerations in this regard.
RFK Jr’s long history of Bitcoin support
By July 2023, it was disclosed that RFK had acquired Bitcoins as gifts for his kids. After making this investment, RFK shared this news during a Twitter Spaces gathering.
“Right after that Bitcoin conference, I got a big check, and I said I’m going to put my money where my mouth is, so I bought two Bitcoin for every one of my seven children.”
In April 2024, the previous independent contender disclosed his intention to move the entire U.S. financial budget onto a blockchain platform for unparalleled transparency and enhanced government accountability.
At the Bitcoin 2024 conference held in Nashville, Tennessee, Kennedy pledged to create a strategic Bitcoin reserve should he win the presidency. Furthermore, he vowed to enact an executive order that would move the U.S. government’s significant Bitcoin assets to the Federal Reserve.
In a July 2024 interview with Sam Bourgi from CryptoMoon, RFK emphasized that Bitcoin could maintain the US dollar‘s position as the world’s primary reserve currency. During this conversation, Kennedy expressed his belief that Bitcoin is an “unavoidable” reality and advocated for the U.S. to take control of Bitcoin in order to include it as part of our international reserves.
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2024-11-18 00:37