Trump's Ally RFK Jr. Bets Everything On Bitcoin, Find Out Why

Robert F. Kennedy Jr., former independent candidate for the American presidency, recently confirmed that he has placed “the majority of his fortune” in Bitcoin, illustrating his enduring confidence in the queen of cryptos.

An Unprecedented Personal and Financial Commitment

Robert F. Kennedy Jr made this striking revelation during a recent intervention, stating candidly: “I have invested the majority of my fortune in Bitcoin, so I am fully committed to it“.

This statement follows a series of concrete actions demonstrating his attachment to the cryptocurrency, including the purchase of two bitcoins for each of his seven children in July 2023.

His support for Bitcoin is part of a broader vision for financial reform, as U.S. government debt now exceeds $36 trillion. For Kennedy, Bitcoin represents a bulwark against monetary inflation and embodies what he calls “the currency of freedom”.

This position aligns perfectly with those of other pro-crypto figures in the Trump team, such as JD Vance and Elon Musk, thus reinforcing the crypto-friendly positioning of the new administration.

An Ambitious Vision for the Future of Bitcoin in the United States

As part of his political proposals, Kennedy outlined an ambitious program to integrate BTC into the American financial system. At the Bitcoin 2024 event in Nashville, he pledged to establish a strategic reserve of Bitcoin if elected president.

Even bolder, he proposed placing the entirety of the U.S. federal budget on the blockchain to ensure total transparency of government spending. This measure would be accompanied by a decree aimed at transferring Bitcoin assets from the government to the Federal Reserve.

In an interview with Cointelegraph in July 2024, Kennedy emphasized that Bitcoin could help preserve the status of the U.S. dollar as a reserve currency, calling the adoption of crypto “inevitable”.

These proposals are now likely to resonate favorably within the Trump administration, where RFK Jr. could play a key role in shaping U.S. crypto policy.

Robert F. Kennedy Jr.’s position on Bitcoin, combined with his alignment with Trump, significantly strengthens the pro-crypto camp within the U.S. government. This alliance could indeed mark a decisive turning point in the institutional adoption of Bitcoin in the United States.