Bitcoin continues to be a major talking point in the political landscape as US Republican presidential candidate Robert F. Kennedy Jr has stated that Bitcoin is the way for individuals in the country to achieve transactional freedom. Kennedy emphasized the value of financial independence and privacy, citing BTC’s decentralized structure as a key component for residents to transact without the intervention of institutions or the government.
Bitcoin represents the path to transactional independence
TFTC, a media company, shared presidential candidate Robert F. Kennedy Jr.’s opinion on its X (formerly Twitter) platform on Thursday, along with a clip of Kennedy in an interview on CNBC. In the interviewThe crypto advocate began by expressing his confidence in BTC’s future value growth, indicating that he still has confidence in it.
When asked about Bitcoin’s real role in the financial system, given that some members of Congress want the asset banned in the US, Kennedy replied that they want it banned because big banks like JP Morgan and Blackrock, who profit from inflation and money printing by the Federal Reserve (FED) they finance.
He further noted that the middle class American citizens are being scammed by these congressmen, and Bitcoin is the output of the FED money printing machine. This is because the crypto asset is being considered as a hard currency, while the need is being emphasized to make it transactably available to middle class citizens and those who want to protect themselves from economic turmoil like inflation, so that they can have control over their funds.
Kennedy advocated for freedom of transaction among citizens, as he considered it to be just as important as freedom of speech. He drew attention to a situation in Canada, where the government blocked the bank accounts of citizens after a peaceful protest.
By doing this, the government would be able to control the citizens’ freedom of transaction and therefore their freedom of speech, and according to the presidential candidate, Bitcoin is the only means against this government’s control over the financial independence of citizens. “Transactional freedom is just as important as freedom of speech, and you only get that from Bitcoin“And we’re not going to get that as long as the government controls our digitized currencies,” Kennedy said.
Are US BTC Holdings Worth $615 Billion Under Kennedy?
In recent weeks, Robert K. Kennedy Jr. has expressed his unwavering support for BTCand endorsed it as a potential asset that could lead to a financial breakthrough for the US. In another interview In an interview with popular YouTuber Scott Melker on The Street, Kennedy revealed his plans to make the US the largest holder of Bitcoin.
Currently, the country is the largest owner of gold, with over 8,134 tonnes of the precious metal, worth a whopping $615 billion. Should Kennedy be elected as the country’s next president, he plans to mirror this value into BTC, bringing the US holdings to over 9.4 million BTC.
Main image from Shutterstock, chart from Tradingview.com