Bitrabo Editorial
Bitcoin has become a dominant topic in political circles, with US GOP Presidential candidate Robert F. Kennedy Jr asserting that Bitcoin is the key for individuals in the nation to attain financial freedom. Kennedy stresses the importance of financial autonomy and privacy, highlighting BTC’s decentralized nature as crucial for people to transact without interference from authorities or financial institutions.
Bitcoin: Enabling Financial Independence
Recently, TFTC, a media company, shared the sentiments of Presidential candidate Robert F. Kennedy Jr on Bitcoin on X (formerly Twitter), posting a clip of Kennedy’s CNBC interview. In the interview, the crypto proponent expressed his confidence in BTC’s future value growth, revealing he still holds the cryptocurrency.
When questioned about Bitcoin’s actual role in the financial sector, especially amid calls by some Congress members to ban the asset in the US, Kennedy attributed their stance to funding from major banks such as JP Morgan and Blackrock, which benefit from Federal Reserve (FED) money printing. He highlighted how the American middle-class is being adversely affected by these Congress members and asserted Bitcoin as the escape route from the FED’s monetary policies.
Emphasizing Bitcoin as a robust currency, he advocated making it readily available for transactions by middle-class citizens and those seeking to shield themselves from economic uncertainties, like inflation, empowering them to manage their finances.
Kennedy urged for transactional freedom as a key aspect akin to freedom of speech, citing an incident in Canada where the government froze citizens’ bank accounts during a peaceful protest. He underscored Bitcoin as the solution to government control over financial independence, stating, “Transactional freedom is as vital as freedom of speech, and it is achievable through Bitcoin, unlike government-controlled digital currencies.”
Is the US Set to Hold $615 Billion Worth of BTC Under Kennedy’s Leadership?
Robert K. Kennedy Jr has recently demonstrated unwavering support for Bitcoin, touting it as a potential avenue for financial transformation in the US. In another interview on The Street with renowned YouTuber Scott Melker, Kennedy outlined his vision to make the US the leading holder of Bitcoin.
Presently, the US holds the largest Gold reserves globally, standing at over 8,134 tons valued at $615 billion. If Kennedy assumes the presidency, his plan entails matching this value in BTC, potentially elevating the US holdings to over 9.4 million Bitcoins.