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Thursday, November 21, 2024
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    HomeFinanceKennedy Jr. will again the greenback with bitcoin, if elected

    Kennedy Jr. will again the greenback with bitcoin, if elected

    Crypto.information – Robert F. Kennedy Jr. (RFK Jr.) made daring claims about COVID-19 vaccines and now says he would again the US greenback with bitcoin (BTC).

    The Democratic presidential candidate shared his pro-crypto insurance policies, particularly bitcoin, in a video recording with Heal The Divide and Journal. RFK Jr. added that he plans to begin “very small” by backing only one% of Treasury payments (T-bills) “by arduous currencies, by gold, silver, platinum or bitcoin”.

    The stipend will regularly improve, stated RFK Jr., the nephew of thirty fifth US President John F. Kennedy.

    Furthermore, he added that the Kennedy administration would encourage using bitcoin whereas making an attempt to make america the worldwide crypto hub. RFK Jr. stated to make use of BTC within the nation to draw extra funding and engineers who would convey innovation.

    “Backing US debt {dollars} and bonds with sturdy belongings may assist restore greenback power, comprise inflation and usher in a brand new period of US monetary stability, peace and prosperity.”

    Robert F. Kennedy Jr., Democratic presidential candidate

    The 69-year-old politician claims to finish capital beneficial properties taxes on bitcoin. He has promoted self-custody of BTC because it ensures residents’ proper to privateness, as he’s towards the Biden administration’s crypto tax plans.

    “Non-taxable occasions can’t be reported, which implies it will likely be harder for governments to weaponize the forex towards free speech, which as a lot of you realize is the one in every of my fundamental targets.”

    Robert F. Kennedy Jr., Democratic presidential candidate

    RFK Jr. has already complimented bitcoin and cryptocurrencies, making headlines on Might 19. Based on a July 7 report, the presidential candidate owns between $100,000 and $250,000 value of BTC.

    See also  Legal professionals for FTX victims wrestle to serve Shaquille O'Neal

    This text initially appeared on Crypto.information

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