RFK Jr. Jumps on the Bitcoin Bandwagon for His Family’s Future
Presidential candidate Robert F. Kennedy Jr has consistently expressed his support for cryptocurrencies.
The 2024 presidential hopeful has made numerous promises about the policies he intends to implement if elected, some of which involve Bitcoin. Recently, RFK admitted that he bought 2 BTC for each of his seven children.
Despite previously denying personal ownership of Bitcoin, he confirmed having 14 BTC during a Twitter space discussion. RFK stated that he decided to invest in cryptocurrency right after the Bitcoin Conference, backing his words with actions.
Among his promises, Kennedy plans to exempt Bitcoin from capital gains taxes and explore linking the U.S. dollar to hard assets like Bitcoin. CNBC’s financial records indicate he holds between $100,001 and $250,000 in Bitcoin.
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While the exact purchase date remains undisclosed, it was shortly after May’s BTC conference. Bitcoin has been a central theme in Kennedy’s presidential campaign, with him passionately supporting the digital currency. Nonetheless, he has also expressed concerns regarding government-issued digital assets.
This newfound information raises potential concerns about a conflict of interest for the candidate moving forward.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
