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    Robert F. Kennedy Jr. Invests in Bitcoin, Proposes Fiscal Innovations for US Economy

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    Robert F. Kennedy Jr. has revealed that he has invested most of his wealth in Bitcoin, referring to it as a “currency of freedom”. He believes that Bitcoin can protect against inflation and preserve the value of the US dollar. Kennedy even bought Bitcoin for each of his children to show his commitment to the cryptocurrency. In 2024, he proposed putting the US fiscal budget on the blockchain for increased transparency and suggested the creation of a Bitcoin reserve if he became President. He further asserted that Bitcoin should be controlled as part of US reserves to maintain the dollar’s global preference.

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    So, Robert F. Kennedy Jr was in the news again because he said he’s put most of his cash into Bitcoin – yeah, the digital currency. He said it on November 16, calling Bitcoin a “currency of freedom”. He even said that Bitcoin can protect you against the effect of too much money being printed!

    Speaking at a Bitcoin conference, he admitted that he’s really into Bitcoin. He said, “I’m a huge supporter of Bitcoin. I was here a year ago at another Bitcoin conference. I went home and put most of my wealth into Bitcoin, so I’m totally committed to it.”

    Kennedy has been praising Bitcoin for a long time, saying the digital currency and other valuable things like gold and silver could protect the US dollar from losing value. Yup, Bitcoin seems to be his way of fighting money inflation.

    He even said that back in July 2023, he bought Bitcoin for each of his children. After buying, he told a Twitter chat “Right after that Bitcoin conference, I got a big check and said I’m going to walk the talk, so I bought two Bitcoin for each of my seven kids.”

    Fast-forward to April 2024, he spiced things up by saying he wanted to put the entire US fiscal budget on the blockchain to increase transparency and accountability of the government. He spoke at a Bitcoin event in Nashville, promising to create a Bitcoin reserve if he became President. He even wants to put all of the US government’s Bitcoin in the Federal Reserve.

    In an interview in July 2024, RFK claimed that Bitcoin could ensure that the US dollar remains the world’s preferred currency. Talking to the interviewer, he said Bitcoin is “inevitable”, and explained that the US needs to take control of Bitcoin as part of its reserves.

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