LATEST: RFK Jr. Proposes Bitcoin as Strategic Reserve, Highlighting its Role Against Corruption

Presidential candidate Robert F. Kennedy Jr., speaking at the Bitcoin2024 conference, vowed to make Bitcoin a strategic reserve asset if elected. His plan includes directing the US Marshals to transfer 200,000 Bitcoin to the Treasury and purchasing 550 BTC daily to amass a 4 million Bitcoin reserve. Kennedy aims to stabilize the US dollar and curb inflation by backing it with Bitcoin and other hard assets, asserting this strategy would restore the dollar’s global dominance.

Kennedy criticized the current US monetary policy, pointing to its role in increasing wealth inequality and economic instability. By integrating Bitcoin into the national financial strategy, Kennedy believes it will provide a hedge against inflation and bolster the dollar’s value. His commitment to Bitcoin extends beyond financial strategies, seeing it as essential for protecting personal freedoms and combating corruption.

The presidential hopeful underscored the growing political support for Bitcoin, noting former President Trump’s advocacy and potential plans for a “Bitcoin Fort Knox.” Kennedy’s policy proposal seeks to position the US as a leader in global finance and a hub for crypto innovation, leveraging political and strategic interest in Bitcoin to secure America’s financial future.

https://twitter.com/CryptoCrunchApp/status/1817183753959293397

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