• Robert F. Kennedy Jr., a Democratic presidential candidate, has proposed to back the US dollar with Bitcoin (BTC).
• He plans to start “very small” by backing just 1% of Treasury Bills (T-bills) with crypto and gold.
• His administration will end capital gains taxes on Bitcoin and encourage its use in order to attract more investments and engineers.
Robert F. Kennedy Jr. Proposes Backing US Dollar With Bitcoin
Robert F. Kennedy Jr., a Democratic presidential candidate, has shared his pro-crypto policies and proposed to back the US dollar with Bitcoin (BTC). In a video recording with Heal The Divide and Bitcoin Magazine, he announced that he would start “very small” by backing just 1% of Treasury Bills (T-bills) with crypto and gold assets such as silver and platinum.
Kennedy Administration To End Capital Gains Tax On BTC
Furthermore, RFK Jr.’s administration will end capital gains taxes on Bitcoin in order to ensure citizens‘ privacy rights, while encouraging its use in the US in order to attract more investments and engineers that bring innovation into the country. He believes that this move could restore strength back to the dollar, rein in inflation, and usher in a new era of American financial stability, peace and prosperity.
RFK Jr’s Own Crypto Holdings
A report on July 7th revealed that Robert F. Kennedy Jr owns between $100,000-$250,000 worth of bitcoin – further proving his commitment towards blockchain technology’s potential for economic growth within the United States.
His Previous Support For Crypto
RFK Jr also made headlines when he complimented bitcoin earlier this year – showing his clear support for cryptocurrencies as well as blockchain technology’s ability to transact securely without government intervention or control.
Making The US A Global Crypto Hub
In addition, RFK Jr aspires to make the US a global cryptocurrency hub if elected President – attracting investments from both foreign investors but also from tech entrepreneurs who believe in blockchain technology’s potential for economic growth within our society today..
Felix Schulze ist unser Krypto-Enthusiast und Chefredakteur im Team. Der studierte Wirtschaftsinformatiker hat sich schon früh, seit 2017, intensiv mit den technischen Grundlagen von Bitcoin und Blockchain-Anwendungen beschäftigt.
Er betreibt einen der populärsten deutschsprachigen Blogs zu diesen Themen und produziert einen viel gehörten Podcast für Krypto-Fans. Mit seinem enormen Wissensschatz hat Felix sich längst als einer der führenden Experten für die funktionellen und technologischen Details rund um Bitcoin etabliert. Er steuert spannende Hintergrundberichte und Technik-Analysen für unsere Leser bei.