If elected, independent presidential candidate Robert F. Kennedy Jr. promised to buy 4 million Bitcoin for the reserves of the United States government. Kennedy illustrated a forceful arrangement to coordinate Bitcoin into the public economy.
Autonomous US official up-and-comer Robert F. Kennedy Jr. stood out as truly newsworthy at the Bitcoin 2024 meeting by vowing to buy 4 million Bitcoins for the U.S. government whenever chose president. Addressing a cheering group, Kennedy illustrated his strong arrangement to incorporate Bitcoin into the public economy.
"I will sign a chief request coordinating the U.S. Depository to buy 550 Bitcoin day to day until the U.S. stores up a save of no less than 4 million," Kennedy pronounced. This would amount to nearly 20% of the total supply of Bitcoin.
Kennedy also stated that he would move the government's 204,000 Bitcoins into a strategic reserve of the Federal Reserve. He guaranteed the flowing effect of these moves would "really move Bitcoin to a valuation of many trillions of dollars."
He lauded Bitcoin as "the money of trust" and a method for reestablishing monetary steadiness following quite a while of poor financial strategies. " Kennedy stated that "fiat currency was invented to fund the war," and that a Bitcoin standard would remove incentives for military conflict.
While Kennedy is struggling in early surveys, his full-throated hug of Bitcoin could assist him build up some decent momentum with freedom supporter inclining electors. He complained about high inflation and decreasing purchasing power, two issues he believes would be addressed by adopting a Bitcoin standard.
Kennedy likewise vowed to make Bitcoin exchanges non-available and permit Bitcoin to be traded tax-exempt. He said Bitcoin's straightforwardness makes it "the best adversary of government defilement."
Kennedy is unmistakably attempting to establish himself as the most Bitcoin-friendly candidate in the 2024 election, which has seen Bitcoin emerge as a hot topic. His require a monstrous 4 million bitcoin hold shows he will stake out strong situations to draw in the developing Bitcoin elector coalition.
Autonomous US official up-and-comer Robert F. Kennedy Jr. stood out as truly newsworthy at the Bitcoin 2024 meeting by vowing to buy 4 million Bitcoins for the U.S. government whenever chose president. Addressing a cheering group, Kennedy illustrated his strong arrangement to incorporate Bitcoin into the public economy.
"I will sign a chief request coordinating the U.S. Depository to buy 550 Bitcoin day to day until the U.S. stores up a save of no less than 4 million," Kennedy pronounced. This would amount to nearly 20% of the total supply of Bitcoin.
Kennedy also stated that he would move the government's 204,000 Bitcoins into a strategic reserve of the Federal Reserve. He guaranteed the flowing effect of these moves would "really move Bitcoin to a valuation of many trillions of dollars."
He lauded Bitcoin as "the money of trust" and a method for reestablishing monetary steadiness following quite a while of poor financial strategies. " Kennedy stated that "fiat currency was invented to fund the war," and that a Bitcoin standard would remove incentives for military conflict.
While Kennedy is struggling in early surveys, his full-throated hug of Bitcoin could assist him build up some decent momentum with freedom supporter inclining electors. He complained about high inflation and decreasing purchasing power, two issues he believes would be addressed by adopting a Bitcoin standard.
Kennedy likewise vowed to make Bitcoin exchanges non-available and permit Bitcoin to be traded tax-exempt. He said Bitcoin's straightforwardness makes it "the best adversary of government defilement."
Kennedy is unmistakably attempting to establish himself as the most Bitcoin-friendly candidate in the 2024 election, which has seen Bitcoin emerge as a hot topic. His require a monstrous 4 million bitcoin hold shows he will stake out strong situations to draw in the developing Bitcoin elector coalition.
