he presidential candidate Robert Kennedy Jr. has highlighted plans to make BTC as one of the strategic reserves of the USA, which will mean the imminent change in the use of dollars as a primary means of regulating economic and strategic financial stability.
Kennedy's Strategic Vision for Bitcoin
On July 26 at the Bitcoin 2024 conference Kennedy stated that he had big plans to integrate bitcoin into the USA’s economy. He promised that on day one in the office, he will sign an executive order to purchase Bitcoin and add on the country’s reserves. His big plan is to acquire 550 BTC daily until the United States acquires around 4 million Bitcoins.
Strategic Asset Integration and Monetary Policies
Kennedy intends to deposit the 200,000 BTC that the federal government has seized during the past years in the US treasury as the primary digital asset of this reserve. This policy can be viewed similar to the nation’s gold reserve which is a great hedge against inflation.
Bitcoin as the Weapon for Freedom and Anti-corruption
RFK also criticized the present economic policies, which he stated favors the rich and increases inequality and economic instability. Kennedy is a strong believer that if the US dollar is backed by Bitcoin and other commodities, it will remain stronger in the next few years and will remain at the forefront as a major worldwide currency. Moreover Kennedy made it clear that Bitcoin has the ability to help free the people and reduce corruption and excessive governmental regulation and control.
Shaping the next generation of US Financial Leaders
Kennedy’s suggestion to introduce Bitcoin as a reserve currency is a huge change in mass policy and paves the way for the United States to retain dominance in finance. It is in line with the overall political appreciation of the cryptocurrency sector, establishing the basis for the evolution of financial policies in the United States regarding possibilities and organization.
