Robert F. Kennedy Jr. continues to make waves as a strong advocate for Bitcoin, calling it the “currency of freedom” and a hedge against inflation. In a recent post on November 16, the former presidential candidate confirmed his substantial personal investment in the cryptocurrency.
In a resurfaced video, Kennedy revealed:
“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.”
Kennedy has consistently championed Bitcoin’s potential, emphasizing its ability to combat inflation and stabilize the US dollar alongside assets like gold and silver.
A History of Bitcoin Investments
Kennedy has been vocal about his belief in Bitcoin for years. In July 2023, he disclosed that he had purchased Bitcoin for each of his seven children after receiving a significant financial windfall. Speaking during a Twitter Spaces event, he shared:
“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.”
Pushing for Blockchain Transparency
In April 2024, Kennedy proposed placing the entire US fiscal budget on the blockchain to ensure government accountability and transparency. He also advocated for creating a Bitcoin strategic reserve to strengthen the US dollar’s position as the world’s reserve currency.
Bitcoin’s Role in US Policy
During the Bitcoin 2024 event in Nashville, Tennessee, Kennedy outlined bold policy plans if elected president, including signing an executive order to transfer the US government’s Bitcoin holdings to the Federal Reserve. He stressed that incorporating Bitcoin into a national reserve could solidify its role in stabilizing the economy. Speaking to journalist Sam Bourgi, Kennedy called Bitcoin “inevitable” and said:
“We need to move as a country that’s able to get some control over Bitcoin as part of a reserve.”
