Based on previous comments, Robert Kennedy has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Robert Kennedy has made about crypto.
@Jkylebass Bitcoin is the currency of freedom , a hedge against inflation for middle class Americans,a remedy against the dollar’s downgrade from the world’s reserve currency, and the offramp from a ruinous national debt. Bitcoin will have no stronger advocate than Howard Lutnik.
. @WolfvonLaer , @WarrenDavidson , and @RobertKennedyJr discuss how Bitcoin can be a tool for fighting government overreach, just like we saw during the Canadian Truckers Strike. Discover how decentralized money empowers the people in God Bless Bitcoin. Watch now on YouTube! #Bitcoin#GodBlessBitcoin#Decentralization#Freedom
Powerful insight from @DA_Stockman about what is holding back crypto. He is commenting on my recent statement:
"I am going to support making direct ownership of Bitcoin tax-free. The conversion of Bitcoin back into dollars will be a non-reportable transaction to the IRS and not subject to capital gain."
David says:
The significance of the bolded phrases cannot be overstated. The problem with Bitcoin and all other crypto-currencies today is that they are effectively incarcerated on a monetary reservation surrounded by Federal cops and tax collectors. Accordingly, they have developed no meaningful “use” case or attributes of “moneyness” because Bitcoin is quasi-inconvertible: the risks of bringing wealth stored in Bitcoins back across the tax and regulatory ramps to the banking system world of dollars are just too severe.
As a result, the crypto-world’s state-erected monetary reservation resembles a gambling casino in the otherwise uninhabitable Nevada desert. Capital goes there to wager and punt, but not to operate, invest and settle. And that, in turn, blocks crypto’s capacity to evolve into a usable and stable non-state money that can function both as a store of value and a transaction medium for everyday commerce.
... The violent trading range of Bitcoin just in the last few years... is not evidence of a new money aborning. It tracks the frolicking of Wall Street punters enabled by cheap carry-trade funding and emboldened by the Fed Put under risk asset markets generally.
That is to say, the Fed’s unremitting corruption of the dollar and the Wall Street trading venues has generated an endless search for new wagering opportunities. Not surprisingly, therefore, Wall Street quickly turned crypto-currencies into yet another “asset class”, which is now being aggressively traded by chart-monkeys and algorithms based on factors that are purely intrinsic to the vibrations of the electronic trading pits.
Accordingly, the market cap of Bitcoin currently stands at $1.347 trillion and the 2,400 outstanding cryptos as a group are valued at $2.45 trillion. Yet all of this “value” has been generated without even the bother of price discovery on the appropriate cap rates for non-existent earnings, dividends, other returns on capital, or even at least some evidence of value-added in main street commerce.
That is to say, hemmed in by Federal cops and tax collectors and dominated by Wall Street speculators, these virtuous candidates for badly needed non-state money have metastasized into gambling chips, mainly owned by the 1% and their wanna be imitators among the homegamers.
Meanwhile, with cryptos cordoned off in the gambling pits, this variation of Gresham’s Law works its will. By driving out good money from daily commerce, the central bankers ensure that depreciating dollars remain the spending medium of the main street economy.
Thanks @natbrunell! I so enjoyed our conversation about the future of #Bitcoin and my independent run for president. #AmericaStrongQ
Natalie Brunell ⚡️
@natbrunell
WATCH: The path to victory with @RobertKennedyJr
Topics:
- RFK Jr.'s real chances of winning this election
- Voting with "hope and inspiration" rather than fear
- RFK Jr.'s promise to direct U.S. Treasury to buy 4 million #Bitcoin for a strategic Bitcoin reserve
- RFK Jr.'s reaction to President #Trump embracing Bitcoin - Ending the military industrial complex and war machine
- How can we stop money printing and rebuild the middle class?
- The U.S. Dollar as global reserve currency + Bitcoin
- Restoring trust in government and reviving the American Dream
Timecodes:
00:00 Reaction to election shake-up
2:46 Path to victory for RFK Jr.
5:39 Success as independent candidate
11:15 Unity and reclaiming American Dream
20:19 Bitcoin ending wars
23:00 Breaking cycle of money printing and wealth concentration
27:02 U.S. dollar as global reserve currency backed by Bitcoin?
29:13 Trump on Bitcoin
32:36 Restoring trust in government
.@RobertKennedyJr proposes Bitcoin and precious metals to restore US financial stability, echoing JFK's vision:
"Six months before his assassination, President John F. Kennedy signed an executive order that put silver coins in competition with the notes issued by the Fed...his intention was to rein in Fed discretion."
"I will sign another executive order directing the US Treasury to purchase 550 #Bitcoin daily until the US has built a reserve of at least 4 million Bitcoins." - @RobertKennedyJr
The fact that politicians can print endless money is why America is addicted to endless wars.
Robert F. Kennedy Jr. Live at bitcoin2024 WATCH NOW hx.com/i/broadcasts/1…https://t.co/yHsdkQ4XI1
President Trump spent years disparaging crypto currencies; he even appointed anti-crypto proselytizer Steve Mnuchin to head the Treasury Department. Then, in early 2024 – a presidential election year – Trump suddenly pulled a 180 and began to extol the virtues of crypto.
While Ihat he says, I worry that without a deep understanding of the issue, he won’t have the mettle to stand up to the Wall Street bankers and Washington bureaucrats he’s so quickly caved to in the past.
“I would like to have the federal government begin to buy Bitcoin and over my term in office, ultimately have an equivalent amount of #Bitcoin that we have gold,” - @RobertKennedyJrdecrypt.co/241670/rfk-gov…
Crypto guru and Cardano co-founder Charles Hoskinson (@IOHK_Charles) endorses RFK Jr., saying he’s the best person to back this November.
#KennedyShanahan24
There’s only one person running for president who is pro-crypto.
Join me in fighting for transactional freedom and making the U.S. the most crypto-friendly country in the world.
DONATE NOW hkennedy24.com/donate
#KennedyShanahan24 https://t.co/lNIBCX75bp
Bitcoin Magazine asked me about Central Bank Digital Currencies (CBDCs) and I shared my primary concern: that the Fed’s proposed digital cash could be used as an instrument of control — similar to China’s oppressive social credit system — rather than as a tool of empowerment.