Robert F. Kennedy Jr., the former presidential candidate and current Cabinet nominee, made headlines once again with his statement that he had “invested most of his wealth” in Bitcoin.
The former independent candidate described Bitcoin as the “currency of freedom” in a Nov. 16 online post, reiterating the digital asset’s power to hedge against currency inflation. And in a recently resurfaced video, he said:
"I'm a huge supporter of Bitcoin. I was here a year ago at the other Bitcoin conference. I went home and put most of my wealth into Bitcoin, so I'm fully committed."
Kennedy has been an outspoken proponent of Bitcoin (BTC) for some time — arguing that the decentralized, supply-capped, neutral currency and other hard assets such as gold and silver could stabilize the US dollar from currency devaluation.
Source: Robert F. Kennedy Jr
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RFK Jr’s history of Bitcoin support
In July 2023, RFK Jr. revealed that he bought Bitcoin for each of his children. Following the purchase, RFK told an audience in a Twitter Spaces event:
“Right after that Bitcoin conference, I got a big check, and I said I'm going to put my money where my mouth is, so I bought two Bitcoin for every one of my seven children.”
In April 2024, the former independent candidate revealed that he wanted to place the entire US fiscal budget onchain to achieve maximum transparency and government accountability.
During the Bitcoin 2024 event in Nashville, Tennessee, Kennedy promised to establish a Bitcoin strategic reserve if elected president and committed to sign an executive order that would transfer the US government’s vast Bitcoin holdings to the Federal Reserve.
In a July 2024 interview with Cointelegraph editor Sam Bourgi, RFK stressed that Bitcoin could guarantee the US dollar’s reserve currency status. Kennedy said Bitcoin was “Inevitable” and, “We need to move as a country that’s able to get some control over Bitcoin as part of a reserve.”
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