Bitcoin News

“Bought 2 Bitcoin Each For My 7 Kids”- 2024 US Prez Candidate RFK Jr.

US Presidential candidate Robert F. Kennedy Jr. said he took money from his Monsanto case check, bought each of 7 children 2 Bitcoin each.
Published by
“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.

Advertisement

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”

Advertisement
Share
Anvesh Reddy

Anvesh reports major crypto updates around U.S. regulation and market moving trends. Published over 1400 articles so far on crypto and blockchain. A proud dropout of University of Massachusetts, Lowell. Can be reached at anvesh@coingape.com or x.com/BitcoinReddy or linkedin.com/in/anveshreddybtc/

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and 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.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Crypto News

Firelight Confirms November Mainnet as Flare TVL Rises and Xaman Introduces Smart Accounts

Firelight has confirmed that its mainnet will officially launch in November 2025. An institutional-grade staking…

November 11, 2025
  • Crypto News

Cardano News: Wirex Partners EMURGO To Launch First Ever ADA Card

Fintech platform Wirex has partnered with EMURGO, the investment arm of Cardano blockchain, to launch…

November 11, 2025
  • Crypto News

Hyperliquid Rival Lighter Raises $68 Million at $1.5 Billion Valuation

Crypto trading protocol and Hyperliquid rival Lighter has raised $68 million in fresh funding at…

November 11, 2025
  • Crypto News

$37B Bank SoFi Launches Crypto Trading For Retail Customers

SoFi Technologies, Inc. announced the launch of SoFi Crypto. It is the first nationally chartered…

November 11, 2025
  • Crypto News

China’s CVERC Accuses U.S. of Stealing 127k Bitcoin Amid Rising Government Crypto Adoption

China's National Computer Virus Emergency Response Center (CVERC) has accused the U.S. government of being…

November 11, 2025
  • Crypto News

Just-In: Startale Launches Super App for Sony’s Soneium Blockchain Ecosystem

Soneium blockchain ecosystem gets a super app by Startale Group in partnership with Sony Block…

November 11, 2025