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Robert F. Kennedy Promises to Accumulate 4 Million Bitcoin if Elected President

Jeff TaylorBy 02 Mins Read
  • Kennedy plans to use executive orders to significantly increase the U.S. Bitcoin reserves.
  • His proposal aims to establish U.S. dominance in Bitcoin, setting it apart in the presidential race.

In line with a previous CNF report on Robert F. Kennedy Jr.’s plans for the U.S. government to acquire $615 billion in Bitcoin, equaling its gold reserves, to enhance financial transparency and democracy, he has now proposed a bold strategy for the U.S. government to adopt Bitcoin (BTC) as a strategic asset.

In case of his election, the independent presidential candidate plans to use executive orders to initiate significant changes in how the government manages and acquires Bitcoin. In a bold statement, Kennedy intends to sign an executive order directing the U.S. Department of Justice (DOJ) and the Marshals Service to transfer approximately 200,000 BTC in their possession to the Department of the Treasury on his first day in office.

He also plans to direct the government to buy more BTC, stating,

On day one as president, I will sign another executive order directing the US Treasury to purchase 550 Bitcoin daily until the US has built a reserve of at least four million Bitcoins and a position of dominance that no other country will be able to usurp.

We also highlighted in our earlier post that Kennedy  believes that these actions will significantly increase Bitcoin’s value, potentially reaching hundreds of trillions of dollars. As a report emerges, Kennedy is polling at around 5%, trailing behind former President Donald Trump at 44% and Vice President Kamala Harris at 43%, according to The New York Times.

His ambitious Bitcoin proposal sets him apart in the presidential race, highlighting his unique approach to economic strategy. As of the time of writing, BTC is valued at $65,672.93, and as shown in the price chart below, it decreased by 1.49% in the past day and 0.20% in the past week.

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This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.

Dr. Jeff Taylor is an experienced crypto journalist with a Ph.D. in Biochemistry, whose primary mission is to educate everyone about the potential of Bitcoin and the blockchain technology. His fascination with cryptocurrencies began during his tenure as a former trader when he discerned the distinct advantages of decentralized money compared to traditional payment systems and CBDC's. Business Email: info@crypto-news-flash.com Phone: +49 160 92211628

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