Robert F. Kennedy Jr., the independent presidential candidate of the United States, at the 2024 Bitcoin Conference called inflation “government theft” and emphasized the role of cryptocurrencies in the treasury. He considered Bitcoin (BTC) a way to escape the current inflationary environment and restore integrity to the government. Kennedy proposed issuing treasury bonds based on a basket of hard assets like platinum and gold. He also stated that if elected, he would encourage the federal government to invest in Bitcoin to the same extent as gold. Kennedy believes there are plans to curb Bitcoin’s growth in the U.S. and has accused Congress of taking bribes to ban Bitcoin. He and Donald Trump are recognized as candidates supporting cryptocurrencies, opposing the idea of launching a Central Bank Digital Currency (CBDC). Robert F. Kennedy Jr. also suggested in an interview that the federal government should purchase enough Bitcoin to match the value of the U.S. national gold reserves. The national gold reserves of the U.S. are worth about $615 million, equivalent to around 9.4 million Bitcoin, or 45% of the total supply of this cryptocurrency. Kennedy called Bitcoin an “honest currency” and emphasized its advantages over gold.
Source: finbold.com
