US Treasury Should Buy, Hold Bitcoin as Strategic Asset – RFK Jr
Independent US presidential candidate Robert F. Kennedy Jr. is advocating for the US Treasury to buy and hold Bitcoin as a strategic asset if elected. At the Bitcoin 2024 conference in Nashville, Kennedy revealed his plan to transfer US-held Bitcoin to the Treasury as a reserve asset. He also proposed instructing the Treasury to purchase 550 Bitcoin daily until the US accumulates at least 4 million Bitcoins.
Kennedy expressed his support for Former President Donald Trump’s idea of backing a portion of US reserves with Bitcoin. The upcoming speech by Trump at the conference has already caused a surge in Bitcoin’s price, almost reaching $68,000.
RFK Jr. Floats Plan to Back Dollar With Bitcoin and End Taxes on Conversions
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