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 12 months. Surprising many, Kennedy revealed that he bought two BTC for every of his seven beloved kids.
During an insightful dialog in a Twitter Spaces interview, Kennedy engaged with Scott Melker, a famend crypto investor and podcaster. In this dialogue, Kennedy referred to Bitcoin because the forex 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 put money into Bitcoin was difficult. Following his pro-Bitcoin remarks made on the Bitcoin Miami Conference in May, the distinguished Democratic presidential candidate confronted intense scrutiny from each cryptocurrency trade specialists and the mainstream media.
Despite the criticism, Kennedy stood agency in his perception within the potential of Bitcoin to revolutionize the monetary panorama.
Kennedy Walks The Talk With Bitcoin Investment Amidst Criticism
The politician revealed that he confronted scrutiny for advocating a “volatile commodity” with out having any private funding in it. However, he determined to take motion after receiving a considerable fee following the Bitcoin convention, opting to put money into the digital asset himself.
Bitcoin retains place on the $29K stage. Chart: TradingView.com
In his personal phrases, Kennedy defined:
“Right after that Bitcoin conference, I got a big check, and I said, okay, you know, I’m going to put my money where my mouth is, and so I bought two Bitcoin for every one of my seven children.”
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 value information signifies that the worth of Bitcoin stands at $29,468, leading to Kennedy’s funding now price $412,552.
Kennedy’s Vision For Cryptocurrency
During the identical interview, Kennedy remained resolute in his imaginative and prescient for the longer term, outlining his intention to again the US greenback with Bitcoin and to grant the digital asset exemption from capital features taxes if he had been to be elected President.
Though the chances is probably not in his favor to safe the Democratic celebration’s nomination, with online wagering sites estimating his probabilities at 11.1%, Kennedy has garnered important assist from passionate cryptocurrency fanatics.
Kennedy’s daring proposals have struck a chord with the crypto neighborhood, attracting fervent supporters who imagine within the potential of blockchain expertise and digital currencies to reshape the monetary panorama.
While 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 Images
