Presidential candidate Robert F. Kennedy Jr. reaffirmed his strong support for Bitcoin during the BTC 2024 conference in Nashville, emphasizing that most of his wealth is invested in the digital asset. “I am a huge supporter of Bitcoin. I have most of my wealth in Bitcoin,” he said. “I am fully committed.” This stance underscores the growing significance of cryptocurrency in the current election cycle, with Kennedy highlighting the need for transactional freedom and sovereignty over personal finances.
- Bitcoin’s role in the economy has emerged as a key issue in the election, with Republican nominee Donald Trump’s campaign accepting crypto donations since May.
- Prominent crypto entrepreneurs like Kraken co-founder Jesse Powell and the Winklevoss Twins have shown support by donating substantial amounts to Trump-aligned efforts.
Meanwhile, Kennedy, leaning towards libertarian views, criticized the Federal Reserve, accusing it of serving bankers’ interests over the public’s. He also argued that Covid lockdowns disproportionately favored large corporations over small businesses. At the CoinDesk Consensus conference in Austin, Texas earlier this year, Kennedy reiterated the importance of maintaining America’s leadership in blockchain technology. “We need sovereignty over our own wallets, transactional freedom, and a currency that is transparent,” he stated.