US presidential candidate Robert F. Kennedy Jr. has made a surprising announcement, revealing that he has personally purchased 21 Bitcoin for himself and three coins for each of his children since the beginning of his campaign. Kennedy made this disclosure during a press conference, where he also expressed his intention to grant transactional freedom to Bitcoin, allowing it to be used for everyday purchases like apples and coffees. As the 2024 US presidential race intensifies, voters are once again faced with a familiar set of choices. For supporters of cryptocurrency, this presents an opportunity to rally behind a pro-crypto candidate who can help put an end to the ongoing enforcement actions against exchanges.
Kennedy, an Independent candidate, has consistently shown his admiration for cryptocurrencies and has even proposed putting the entire US budget on the blockchain. His stance on this issue has been highlighted in his various presentations and has been extensively covered by Crypto News Flash. Most recently, Kennedy reiterated his position during a press conference at Consensus 2024 in Austin on May 30, 2024.
In addressing the biggest challenge facing the crypto industry in the US, Kennedy emphasized the need for transactional freedom. He believes that US citizens should have sovereignty over their wallets, the freedom to transact, and a transparent currency. By addressing these issues, Kennedy believes that the US could position itself as a leading hub for blockchain technology.
During his speech, Kennedy assured the audience that his future administration would regulate crypto in a way that protects consumers from deceptive schemes. To demonstrate his personal interest in the asset class, Kennedy revealed that he has purchased 21 Bitcoin since the start of his campaign and has also bought three BTC for each of his children. Additionally, he emphasized his intention to make crypto a transactional currency, allowing it to be used for everyday payments such as buying apples, lunch, and coffee.
Kennedy’s pro-crypto stance aligns with that of another presidential candidate, Donald Trump, who has also embraced cryptocurrencies and pledged to end Joe Biden’s efforts to suppress the asset class. Trump has promised to ensure that the future of Bitcoin is built in the US, rather than overseas. However, it is worth noting that Trump has recently been found guilty on 34 counts of falsifying business records in a landmark trial in New York. Kennedy expressed his satisfaction with Trump’s newfound pro-crypto stance but declined to comment on his guilty verdicts.
As of now, Bitcoin is trading at $68k, experiencing a 0.5% surge in the past 24 hours and a 1.6% increase in the last seven days. With the 2024 US presidential race in full swing, the crypto community has an opportunity to support a candidate who champions their cause and can shape the future of cryptocurrencies in the country.
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