RFK Jr., a steadfast Bitcoin advocate, highlights its ability to counter currency inflation as U.S. government debt surpasses $36 trillion.
The former presidential candidate’s prior statements that he “Put most of his wealth” into Bitcoin made Robert F. Kennedy Jr. the news once more.
In a November 16 online article, the former independent candidate also referred to Bitcoin as the “Currency of freedom” and reaffirmed the digital asset’s ability to protect against currency inflation.
According to the recently recovered footage, RFK Jr. said:
“I’m a huge supporter of Bitcoin. I was here a year ago at the other Bitcoin conference. I went home and put most of my wealth into Bitcoin, so I’m fully committed.”
Kennedy has long been a vocal supporter of Bitcoin, claiming that the decentralized, supply-capped, neutral money, together with other tangible assets like gold and silver, may prevent the US dollar from depreciating.
RFK Jr. Supports Bitcoin’s Lengthy History
RFK Jr. disclosed in July 2023 that he purchased Bitcoin for each of his kids. After the acquisition, RFK stated to a crowd at a Twitter Spaces event:
“Right after that Bitcoin conference, I got a big check, and I said I’m going to put my money where my mouth is, so I bought two Bitcoin for every one of my seven children.”
To achieve maximum transparency and government accountability, the erstwhile independent candidate later declared in April 2024 that he planned to put the entire US budgetary budget onchain.
Kennedy pledged to issue an executive order that would transfer the US government’s massive Bitcoin assets to the Federal Reserve and to create a Bitcoin strategic reserve if elected president during the Bitcoin 2024 event in Nashville, Tennessee.
RFK Jr. emphasized in a July 2024 interview with Sam Bourgi, editor of Cointelegraph, that Bitcoin may ensure the US dollar’s position as the nation’s reserve currency.
As Kennedy told Bourgi, Bitcoin is “inevitable” and “we need to move as a country that’s able to get some control over Bitcoin as part of a reserve.”