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HomeBitcoinCrypto Transfer: Robert F. Kennedy Jr. Buys 14 Bitcoin For His Youngsters
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Crypto Transfer: Robert F. Kennedy Jr. Buys 14 Bitcoin For His Youngsters

Robert F. Kennedy Jr. has not too long ago divulged his enterprise into the world of crypto, confirming his acquisition of a considerable quantity of Bitcoin (BTC) earlier this 12 months. Shocking many, Kennedy revealed that he bought two BTC for every of his seven beloved kids.

Throughout an insightful dialog in a Twitter Areas interview, Kennedy engaged with Scott Melker, a famend crypto investor and podcaster. On this dialogue, Kennedy referred to Bitcoin because the forex of freedom, attributing its attraction to the decentralized and empowering nature of the digital asset.

Kennedy’s resolution to spend money on Bitcoin was difficult. Following his pro-Bitcoin remarks made on the Bitcoin Miami Convention in Might, the outstanding Democratic presidential candidate confronted intense scrutiny from each cryptocurrency trade consultants and the mainstream media.

Regardless of the criticism, Kennedy stood agency in his perception within the potential of Bitcoin to revolutionize the monetary panorama.

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Kennedy Walks The Speak With Bitcoin Funding Amidst Criticism

The politician revealed that he confronted scrutiny for advocating a “unstable commodity” with out having any private funding in it. Nonetheless, he determined to take motion after receiving a considerable cost following the Bitcoin convention, opting to spend money on the digital asset himself.

Bitcoin retains place on the $29K stage. Chart: TradingView.com

In his personal phrases, Kennedy defined:

“Proper after that Bitcoin convention, I bought an enormous test, and I mentioned, okay, , I’m going to place my cash the place my mouth is, and so I purchased two Bitcoin for each one in every of my seven kids.”

Earlier this month, stories revealed that Kennedy’s household held an quantity of Bitcoin valued between $100,000 and $250,000. As of writing, CoinGecko value information signifies that the worth of Bitcoin stands at $29,468, leading to Kennedy’s funding now value $412,552.

Kennedy’s Imaginative and prescient For Cryptocurrency

Throughout the identical interview, Kennedy remained resolute in his imaginative and prescient for the longer term, outlining his intention to again the US greenback with Bitcoin and to grant the digital asset exemption from capital beneficial properties taxes if he have been to be elected President.

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Although the chances might not be in his favor to safe the Democratic get together’s nomination, with on-line wagering websites estimating his possibilities at 11.1%, Kennedy has garnered important help from passionate cryptocurrency fanatics.

Kennedy’s daring proposals have struck a chord with the crypto group, attracting fervent supporters who consider within the potential of blockchain expertise and digital currencies to reshape the monetary panorama.

Whereas the trail to victory could also be difficult, his stance on cryptocurrency-related insurance policies has undoubtedly earned him a devoted following amongst those that share his imaginative and prescient for a crypto-friendly future.

Featured picture from Eva Marie Uzcategui | Bloomberg | Getty Photographs

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