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News Explorer — Robert F. Kennedy Jr. Wants U.S. to Hold As Much Bitcoin as Gold

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Jul 25, 6:50 pm
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Robert F. Kennedy Jr. Wants U.S. to Hold As Much Bitcoin as Gold

Presidential candidate Robert F. Kennedy Jr. has proposed that the U.S. government buy Bitcoin until its holdings match the nation's gold reserves. This would require acquiring 9.4 million BTC, or 45% of the total supply. Kennedy believes that Bitcoin is an honest currency and that backing government currency and debt with a basket of hard currencies, including BTC, is a viable investment strategy.

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