Kennedy Jr. backs the greenback with Bitcoin if he wins

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Crypto.information – Robert F. Kennedy Jr. (RFK Jr.) has made a daring declare a few COVID-19 vaccine, saying it can now again the US greenback with Bitcoin (BTC).

The Democratic presidential candidate shared his pro-crypto insurance policies, particularly Bitcoin, in a video recording for Heal the Divide and journal. RFK Jr. added that he plans to begin “very small” by backing simply 1% of Treasury payments (T-bills) with “onerous foreign money, gold, silver, platinum or bitcoin.” .

RFK Jr., nephew of thirty fifth US President John F. Kennedy, stated the quota would enhance progressively.

He added that the Kennedy administration would encourage using Bitcoin whereas attempting to make the US a worldwide cryptocurrency hub. RFK Jr. stated that utilizing BTC domestically can appeal to extra funding and engineers to deliver innovation.

“Backing the greenback and U.S. debt with bodily property may restore greenback energy, hold inflation in verify, and usher in a brand new period of economic stability, peace, and prosperity in the USA. ”

Robert F. Kennedy Jr., Democratic presidential candidate

69-year-old politician claims to abolish capital features tax on Bitcoin. He has opposed the Biden administration’s crypto tax plans and promoted self-custody of BTC to make sure public privateness rights.

“The truth that tax-exempt occasions go unreported means it turns into harder for governments to weaponize foreign money in opposition to free speech, and that’s one among my principal targets. as you all know.”

Robert F. Kennedy Jr., Democratic presidential candidate

RFK Jr. has already praised Bitcoin and cryptocurrencies, making headlines Could 19. In accordance with stories on July 7, the presidential candidate owns between $100,000 and $250,000 price of BTC.

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This text initially appeared on Crypto.information

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