US Presidential Candidate Robert Kennedy Purchased 14 BTC for his Children

Robert F. Kennedy Jr. – nephew of former US President John F. Kennedy and one of the presidential candidates for the elections in 2024 – reiterated his support for bitcoin, saying he had bought two BTC for each of his seven kids. 

The leading digital asset stands at the center of his political campaign, with Kennedy promising to exempt its conversion to the US dollar from capital gains taxes. He also vowed to back America’s national currency with “real finite assets,” such as gold, silver, platinum, and bitcoin.

Passing BTC for the Next Generation

The US presidential candidate from the Democratic party – Robert F. Kennedy (known for his controversial views on nuclear power, the COVID-19 vaccination program, and weapons) – has also captured the attention of Bitcoiners, presenting himself as a keen advocate.

In a recent Twitter Spaces gathering hosted by Scott Melker (known as “The Wolf of All Streets”), he admitted purchasing two BTC for each of his seven children shortly after the Bitcoin Conference in Miami in May this year. The asset’s price was hovering around $27,000 at that time, meaning he must have spent around $380,000 to acquire the stash.

“Right after that Bitcoin conference, I got a big check, and I said, okay, you know, I’m going to put my money where my mouth is, and so I bought two BTC for every one of my seven children,” Kennedy stated.

While the 69-year-old explained he first heard of the primary cryptocurrency in 2009, he did not pay much attention to it back then. However, everything changed for Kennedy at the beginning of 2022 during the massive truckers’ strike in Canada. 

Recall that protesters received significant crypto donations, whereas the local authorities ordered financial firms to cease facilitating any proceedings to addresses tied to them. This sparked huge controversy, with many highlighting BTC’s decentralized nature and opposing the government’s decision to adjust such transactions.

Thanking all Bitcoiners

Subsequently, Kennedy appreciated the support he received from the Bitcoin community, saying he has a “spiritual bond” with them. He described those parts of the ecosystem as a “unique breed” that is not only interested in money but also in freedom:

“Bitcoiners are a unique breed. Of all the financial people I’ve met in my life, people in finance are mainly interested in making a big pile for themselves, and whoever dies with the most money wins.

Bitcoiners are different breed, they like money, and they like profits, but mainly because it shows that you can make money by doing good, by winning freedom. They are ideologically based.”

Featured Image Courtesy of CNN