Robert F. Kennedy Jr. has just lately divulged his enterprise into the world of crypto, confirming his acquisition of a considerable quantity of Bitcoin (BTC) earlier this yr. Stunning many, Kennedy revealed that he bought two BTC for every of his seven beloved youngsters.
Throughout an insightful dialog in a Twitter Spaces interview, Kennedy engaged with Scott Melker, a famend crypto investor and podcaster. On this dialogue, Kennedy referred to Bitcoin because the foreign money of freedom, attributing its enchantment to the decentralized and empowering nature of the digital asset.
— The Wolf Of All Streets (@scottmelker) July 26, 2023
Kennedy’s determination to spend money on Bitcoin was difficult. Following his pro-Bitcoin remarks made on the Bitcoin Miami Convention in Could, the distinguished Democratic presidential candidate confronted intense scrutiny from each cryptocurrency trade specialists and the mainstream media.
Regardless of the criticism, Kennedy stood agency in his perception within the potential of Bitcoin to revolutionize the monetary panorama.
Kennedy Walks The Discuss With Bitcoin Funding Amidst Criticism
The politician revealed that he confronted scrutiny for advocating a “risky commodity” with out having any private funding in it. Nonetheless, he determined to take motion after receiving a considerable fee following the Bitcoin convention, opting to spend money on the digital asset himself.
Bitcoin retains place on the $29K degree. Chart: TradingView.com
In his personal phrases, Kennedy defined:
“Proper after that Bitcoin convention, I bought an enormous test, and I mentioned, okay, you understand, I’m going to place my cash the place my mouth is, and so I purchased two Bitcoin for each one in all my seven youngsters.”
Earlier this month, studies revealed that Kennedy’s family held an amount of Bitcoin valued between $100,000 and $250,000. As of writing, CoinGecko worth information signifies that the worth of Bitcoin stands at $29,468, leading to Kennedy’s funding now price $412,552.
Kennedy’s Imaginative and prescient For Cryptocurrency
Throughout the identical interview, Kennedy remained resolute in his imaginative and prescient for the long run, outlining his intention to again the US greenback with Bitcoin and to grant the digital asset exemption from capital beneficial properties taxes if he have been to be elected President.
Although the percentages is probably not in his favor to safe the Democratic get together’s nomination, with online wagering sites estimating his probabilities at 11.1%, Kennedy has garnered vital assist from passionate cryptocurrency lovers.
Kennedy’s daring proposals have struck a chord with the crypto neighborhood, attracting fervent supporters who consider within the potential of blockchain know-how and digital currencies to reshape the monetary panorama.
Whereas the trail to victory could also be difficult, his stance on cryptocurrency-related insurance policies has undoubtedly earned him a devoted following amongst those that share his imaginative and prescient for a crypto-friendly future.
Featured picture from Eva Marie Uzcategui | Bloomberg | Getty Photos