๐ฑ๐๐ US presidential candidate Robert F. Kennedy Jr. has made a bold promise: if elected, he will purchase Bitcoin equivalent to the nation's gold reserves, valued at approximately $615 billion. The United States, known for having the largest gold reserves in the world, could potentially buy around 9.4 million Bitcoins with this amount, representing about 45% of the total BTC supply.
Kennedy, a long-time supporter of Bitcoin, made this pledge during an interview with YouTuber Scott Melker. He emphasized the importance of decentralization and described Bitcoin as "honest money" due to its transparency and independence from centralized control. He also committed to attending the Bitcoin Conference annually.
In the interview, Kennedy stated, "Bitcoin is honest money. It operates on a decentralized Proof of Work system, with everything recorded on a public ledger. This is vital for our democracy. I want to ensure Bitcoin thrives during my presidency, aiming to match the value of our gold reserves. To protect our democracy, we must avoid centralization."
Kennedy, who initially sought the Democratic nomination but is now running as an independent, has survived an assassination attempt. His ambitious Bitcoin plan would significantly impact the market, especially if Bitcoin's price rises in the future. #RobertKennedyJr