Key Takeaways
- RFK Jr. has purchased 21 bitcoin, including three for each of his children.
- Kennedy supports Trump's commitment to Bitcoin, calling it a move for freedom and transparency.
- He advocates for Bitcoin to be treated as a transactional currency, free from capital gains tax.
Independent presidential candidate Robert F. Kennedy Jr. has expressed his enthusiasm for former President Donald Trump’s newfound support for Bitcoin. Speaking at a Consensus event, Kennedy described Trump’s commitment to Bitcoin as a positive development for the country, emphasizing its association with freedom and transparency.
I think it’s a good thing for our country. Commitment to Bitcoin is a commitment to freedom and transparency.
He hopes President Biden will also support Bitcoin in the future.
Kennedy also shared that he bought 21 Bitcoin, allocating three for each of his children.
He views Bitcoin as a means to “save the dollar” and advocates for treating Bitcoin as a transactional currency, free from capital gains taxation. Kennedy stated:
My objective if elected president is that Bitcoin is a transactional currency. People should have the freedom to use it for purchases like apples, lunches, and coffee.
Kennedy also discussed the need for regulatory reform, emphasizing the importance of transactional freedom and transparency. He aims to make the U.S. a hub for blockchain technology and ensure that Bitcoin and other cryptocurrencies are regulated to protect consumers from deceptive schemes.
