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Robert F. Kennedy Jr. has had the courage to put his money where his mouth is – converting to cryptocurrency in a significant moment, marking the intersection of politics and digital money. The Democratic presidential candidate took charge of the heat he received following his pro-Bitcoin comments at the Bitcoin Miami Conference this May, by buying an abrupt 14 Bitcoins for each of his much-loved seven children. His step towards supporting the underlying technology evidenced his confidence in the crypto’s potential growth and made it a one-of-a-kind demonstration.
Kennedy’s disclosed holdings, worth between $100,001 and $250,000 by June, were generated when he purchased the crypto. Sources cite that if the cost of one Bitcoin back then (~$26,800) is taken into consideration, the total value of the Bitcoin Kennedy purchased, exceeding $370,000, doubled to an awesome figure of $413,500 due to the mentioned crypto’s hiking prices in today’s crypto-mania.
Moreover, Kennedy laid down a campaign manifesto that states he plans to back the U.S. dollar with Bitcoin and also incur no tax liabilities for gaining conversion while keeping in mind exemptions tailored to prevent large windfalls for corporate investments such as BlackRock’s and Goldman Sachs’.
There is no doubt Kennedy stands tall as a bright hope in the realm of digital assets, as that means an overhaul of the unstable financial infrastructure needed for superpower’s sustained progress!
