Presidential candidate Robert F. Kennedy Jr. first learned about Bitcoin through his children. Now, he believes it should be integral to America's monetary foundation.
Presidential candidate Robert F. Kennedy Jr. first learned about Bitcoin through his children. Now, he believes it should be integral to America’s monetary foundation. RFK Jr. contends that US policymakers are increasingly recognizing Bitcoin’s inevitability and are working to develop a coherent digital asset strategy to maintain America’s financial supremacy.
In an exclusive interview at the 2024 Bitcoin Conference in Nashville, Tennessee, RFK Jr. elaborated on his Bitcoin journey and the role it should play in the national monetary system.
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RFK Jr., who left the Democratic Party in October 2023 to run as an independent, understood the significance of Bitcoin’s “transactional freedom” during the trucker strike in Canada.
He described the trucker strike as “a very peaceful protest” where individuals exercised “freedoms that we take for granted in this country, [like] freedom of assembly, freedom to petition their government.”
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However, the Canadian government “portrayed it publicly as a terrorist event,” RFK Jr. noted. “They began using technologies like facial recognition systems to identify participants and then freezing their bank accounts.”
“It was then I realized that transactional freedom is as crucial as freedom of expression protected by the First Amendment,” RFK Jr. said. Fast forward more than two years, and US policymakers acknowledge that there are 60 million Bitcoin users in the country, compelling them to adapt their stance on digital asset legislation, he explained.
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“I think now it’s past the point where it’s inevitable. And now, we need to move as a country that’s able to get some control over Bitcoin as part of a reserve,” RFK Jr. stated.
He believes that a strategic Bitcoin reserve is the only way for America to ensure the dollar’s future as a permanent global reserve currency.