Robert F. Kennedy Jr., the former independent U.S. presidential candidate, recently confirmed that most of his wealth is invested in Bitcoin, illustrating his confidence in the cryptocurrency.
Personal and Financial Commitment
Robert F. Kennedy Jr. recently stated that he has invested the majority of his fortune in Bitcoin. In July 2023, he also purchased two bitcoins for each of his seven children. For him, Bitcoin serves as a hedge against inflation and is the 'currency of freedom'.
Long-term Plan for Bitcoin
As part of his political proposals, Kennedy outlined an ambitious program to integrate Bitcoin into the U.S. financial system. He proposed creating a strategic reserve of Bitcoin. Kennedy also suggested putting the entire U.S. federal budget on the blockchain to ensure transparency in government spending.
Impact on U.S. Crypto Policy
Kennedy's stance on Bitcoin strengthens the pro-crypto position within the U.S. government and could play a crucial role in shaping U.S. crypto policy. His collaboration with the Trump team might be a decisive step towards the institutional adoption of Bitcoin in the country.
The alliance between Robert F. Kennedy Jr. and cryptocurrency, along with support from the Trump administration, could significantly influence crypto adoption in the United States.
