Kennedy owns seven figures worth of BTC.
Robert F. Kennedy Jr., the U.S. presidential candidate, believes Bitcoin and blockchain technology could offer solutions for addressing the U.S. debt crisis.
Speaking during the Consensus 2024 conference in Texas, Kennedy Jr. reiterated his plan to incorporate Bitcoin into the U.S. debt management strategies of the United States.
Kennedy advocated for backing the U.S. dollar and U.S. Treasury Bills with a “basket of hard assets… including Bitcoin” to underpin the country’s Treasury bills. He said anchoring a portion of reserves to hard currency would facilitate greater financial discipline, suggesting the allocation could increase over time.
“Ultimately, I think the only way to save the dollar is through the program that I’ve outlined, which would include Bitcoin,” Kennedy said. “If that works, move to 2% the next year, adding a percentage every year.”
Kennedy Jr. also shared that he…
