“Bought 2 Bitcoin Each For My 7 Kids”- 2024 US Prez Candidate RFK Jr.
Crypto News: US Presidential candidate Robert F. Kennedy Jr. said he took the money from his Monsanto case check and bought each of his 7 children 2 Bitcoin each. He spoke at length in a Wednesday Twitter space along with some of the well known faces in the crypto market. Kennedy Jr. explained how the crypto market investments have the potential to bring out the poor out of poverty. The presidential candidate said there was a need to encourage the usage of Bitcoin by eliminating capital gains tax and turn it into a currency.
Also Read: US Fed’s Jerome Powell: Rate Hike Possible In September FOMC Meet
The US Presidential Candidate is heading towards becoming one of the most popular figures to support Bitcoin, among the likes of El Salvador president Nayib Bukele.
Robert F. Kennedy Jr. Bought Bitcoin For His Children
Kennedy Jr. said Bitcoin allows small investors to actually have an inflation-proof currency. And that gives them freedom as against the holding of fiat currency which is at the mercy of the system. He said he had invested in 2 Bitcoin each for the sake of each of his seven children. He spilled the beans on his Bitcoin investments:
“Right after the Bitcoin conference, I decided to put my money where my mouth is and bought 2 Bitcoin for each of my 7 children.”
In May 2023, Robert Kennedy Jr. made history by becoming the first presidential candidate to accept Bitcoin campaign donations. He had recently promised to back the US dollar with Bitcoin and end Bitcoin taxes. Also, Kennedy Jr. spoke on the need for giving the US citizens the right to self-custody their Bitcoin. The Twitter spaces was jointly hosted by crypto influencer Scott Melker, Mark Moss, Natalie Brunell, Marty Bent and Robert Breedlove.
Also Read: GOP Chair: Crypto Offered As Investment Contract Does Not Become “Securities”
- Trump Tariffs: China Ready To Work With U.S. as Trade Tensions Spark Crypto Market Crash
- Breaking: Ripple Acquires GTreasury for $1 Billion, Expanding Into Treasury Markets
- Examining AYNI, a Capacity-Linked Crypto Framed as a Real-World Asset Through Gold Mining Throughput
- 25 or 50 bps? Waller, Miran Split on Fed Rate Cut Size Ahead of FOMC
- GENIUS Act Lacks ‘Robust Guardrails’ for Stablecoin Users, Fed’s Barr Warns
- Analyst Predicts XRP Price Crash to $2 as Open Interest Falls, Death Cross Nears
- Dogecoin Price Eyes $0.40 Rally as Thumzup Integration Boosts Utility
- Pi Coin Price Gears for Recovery as DEX and AMM Launch Revives Utility Hopes
- Cardano Price Teeters as Whales Exit and Bearish Signal Emerges
- Sui Price Targets $9.5 as Figure Brings SEC-Approved Yield Token YLDS to Sui
- Chainlink Price Eyes $100 as S&P Global Partnership Expands Institutional Adoption
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
