bitcoin continues to become a major topic of discussion in the political landscape as the United States Republican presidential candidate… Robert F. Kennedy Jr Kennedy has stated that bitcoin is the way for individuals in the nation to achieve transactional freedom. Kennedy emphasized the value of financial independence and privacy and cited btc’s decentralized structure as an important component for residents to transact without intervention from institutions or the government.
bitcoin represents the path to transactional independence
TFTC, a media company, shared presidential candidate Robert F. Kennedy Jr.'s thoughts on platform x (formerly twitter) on Thursday, along with a clip of Kennedy in an interview on CNBC. x.com/TFTC21/status/1816497147392721196″ target=”_blank” rel=”noopener nofollow”>interviewThe crypto advocate began by revealing his confidence in the future growth of btc value, noting that he still holds onto some of it.
When asked about bitcoin's actual role in the financial system, as some members of Congress want the asset banned in the US, Kennedy replied that they want it banned because big banks like JP Morgan and Blackrock, which profit from inflation and money printing by the US, Federal Reserve (FED), they are financing them.
He further noted that middle-class American citizens are being dominated by these members of Congress, and bitcoin is the output of the Federal Reserve's money-printing machine. This is because the cryptoasset is considered a strong currency, while emphasizing the need to make it available to middle-class citizens and those who wish to protect themselves against economic turbulence such as inflation by allowing them to have control over their funds.
Kennedy pushed for transactional freedom among residents because he believed it was as important as freedom of expression, and drew attention to a scenario in Canada where the government closed citizens' bank accounts after they initiated a peaceful protest.
In this way, the government could control the transactional freedom of residents and, therefore, their freedom of expression, and according to the presidential candidate, bitcoin is the only means against this government's control over the financial independence of citizens. “Transactional freedom is as important as freedom of expression, and that is only achieved through freedom of expression.” bitcoin“And we’re not going to get there as long as the government controls our digital currencies,” Kennedy said.
Will US btc holdings be worth $615 billion under Kennedy?
In recent weeks, Robert K. Kennedy Jr has shown his strong support for bitcoinbacking it as a potential asset that could lead to a financial breakthrough for the US in another x.com/BitcoinNewsCom/status/1816440031684215127″ target=”_blank” rel=”noopener nofollow”>interview Speaking on The Street with popular YouTuber Scott Melker, Kennedy revealed his plans to make the United States the largest owner of bitcoin.
The country is currently the largest owner of gold, holding over 8,134 tons of the precious metal, valued at a whopping $615 billion. If Kennedy is elected as the country’s next president, he intends to reflect this value in btc, which will bring the US holding to over 9.4 million btc.
Featured image from Shutterstock, chart from Tradingview.com
