Robert F. Kennedy Jr. Makes a Bold Statement: "I'm Fully Committed," as He Invests Most of His Wealth in Bitcoin

On November 16, 2024, Robert F. Kennedy Jr., a former presidential candidate and current nominee to the Cabinet, made a bold statement that he has

Former presidential candidate and current nominee to the Cabinet, Robert F. Kennedy Jr., revealed a major personal investment in Bitcoin during a recent event. Kennedy, who is known for his strong support for decentralized financial systems, has described Bitcoin as the “currency of freedom.”

In a video statement, Kennedy highlighted his belief in digital currencies as a hedge against inflation and a path to financial freedom. He further emphasized the importance of Bitcoin in the context of the US national debt, which he sees as a threat to the value of the dollar. Kennedy's statement aligns with his previous comments on the matter.

Back in July 2023, Kennedy revealed that he had purchased Bitcoin for each of his seven children, showcasing his long-term commitment to the cryptocurrency. He mentioned buying the Bitcoin with a large check he received after the last Bitcoin conference. Kennedy also discussed his seven children inheriting the Bitcoin in a Twitter Spaces event.

Moreover, Kennedy's support for cryptocurrency extends beyond personal investments. He has consistently advocated for the integration of Bitcoin into national financial policies. In April 2024, Kennedy proposed shifting the entire US budget to a blockchain to enhance transparency and government accountability.

During the Bitcoin 2024 event in Nashville, Tennessee, Kennedy stated that if elected president, he would establish a Bitcoin Strategic Reserve and issue an executive order to make the US government's Bitcoin supply accessible to the Federal Reserve. This move would solidify Bitcoin's role in the financial system and establish it as a global reserve currency.

Kennedy's vision for Bitcoin in the US economy is part of a broader global trend. Several political figures worldwide, including Poland's presidential candidate Mentzen, are championing Bitcoin for national independence and resilience. Both Kennedy and Mentzen advocate for building strategic Bitcoin reserves, highlighting the growing government interest in digital currencies to bolster economies.