US Presidential Candidate Robert F. Kennedy Vows to Strengthen US Dollar with Bitcoin
Robert F. Kennedy, a Democratic party candidate for the US presidency, has pledged to support America’s official currency by backing it with bitcoin, gold, silver, and platinum. This move comes as several experts, including Robert Kiyosaki, have warned about a potential decline in the value of the dollar and advised individuals to invest in cryptocurrencies or precious metals. Kennedy, an environmental lawyer and the nephew of former President John F. Kennedy, has positioned bitcoin as a central element of his campaign.
Key Points:
- Robert F. Kennedy aims to strengthen the US dollar by backing it with bitcoin, gold, silver, and platinum.
- Financial experts like Robert Kiyosaki have warned about a gloomy future for the dollar and advised investing in cryptocurrency or precious metals.
- Kennedy has presented himself as a passionate advocate for bitcoin and has made it a focal point of his presidential campaign.
- If elected, Kennedy plans to back the American dollar with “real finite assets” like bitcoin and certain precious metals.
- He intends to start small by backing a small percentage of US treasury bills with hard currency and gradually increase it based on the outcomes.
Hot Take: Robert F. Kennedy’s proposal to strengthen the US dollar with assets like bitcoin reflects the growing influence and acceptance of cryptocurrencies in mainstream politics. While some experts predict a challenging future for the dollar, Kennedy’s plan aims to ensure the currency’s strength and long-term success. By incorporating bitcoin and precious metals, he seeks to provide stability and confidence in the American financial system.
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