Since he started his campaign, Kennedy has been an outspoken advocate for the cryptocurrency sector.
The family of Robert Kennedy Jr., a contender for president of the United States, has Bitcoin (BTC) worth between $100,000 and $250,000, according to financial reports. Kennedy has reportedly made less than $201 from the Bitcoin investment, according to the June 30 filing. However, the statement omitted providing particular information about the time of the Bitcoin purchase.
Kennedy’s campaign staff made it clear that he does not own the digital asset personally and that his wife is the true owner of the Bitcoin assets, according to CNBC. The team said that Kennedy’s wife made the investments and that he is not involved in her financial choices. This information shows that his wife is responsible for the Kennedy family’s Bitcoin holdings.
The information clarifies the Kennedy family’s financial engagement in the bitcoin business. The statement shows the family’s exposure to the leading digital asset, even though Robert Kennedy Jr. is not personally connected to the Bitcoin investment. The possession of Bitcoin by famous people and political candidates is a topic of intrigue and rumor as cryptocurrencies continue to gain popularity.
Kennedy’s pro-Bitcoin opinion
Robert Kennedy Jr. has continuously backed Bitcoin and its tenets throughout his political career. On multiple instances, he has publicly supported the virtual currency during live events and on social media. Kennedy has established himself as an outspoken supporter of Bitcoin thanks to his lobbying for the digital currency.
Kennedy expressed his disapproval of the possible regulation by openly criticizing the Biden administration’s proposed 30% tax on cryptocurrency mining in May. He also expressed his opposition to these state-controlled digital currencies, central bank digital currencies (CBDCs), and his reservations about them.
Kennedy reiterated his support for Bitcoin on June 27 through Twitter. He referred to the leading cryptocurrency in a tweet as a “bulwark against totalitarianism and the manipulation of our money supply.” His conviction in Bitcoin’s decentralized nature and its ability to protect against financial manipulation is highlighted by this statement.
The cryptocurrency world has taken note of Kennedy’s support for Bitcoin, and prominent individuals like Jack Dorsey, the co-founder of Twitter, have endorsed him for office. The backing from well-known figures in the cryptocurrency industry demonstrates the resonance of Kennedy’s pro-Bitcoin attitude and his appeal to those in favor of cryptocurrencies.