Trump ally RFK Jr. is betting everything on Bitcoin, find out why

Robert F. Kennedy Jr., a former independent US presidential candidate, recently confirmed that he had invested “most of his fortune” in Bitcoin, illustrating his lasting confidence in the queen of cryptos.

Kennedy speaks about Bitcoin in front of his supporters

An unprecedented personal and financial commitment

Robert F. Kennedy Jr. made this landmark revelation during a recent speech, stating bluntly: “ I have invested most of my fortune in Bitcoin, so I am fully committed to it“.

This statement follows a series of concrete actions demonstrating his attachment to cryptocurrency, including the purchase of two bitcoins for each of his seven children in July 2023.

His support for Bitcoin is part of a broader vision of financial reform, as the US government's debt now exceeds $36 trillion. For Kennedy, Bitcoin represents a shield against monetary inflation and embodies what he describes as the “currency of freedom”.

This position aligns perfectly with that of other pro-crypto figures on the Trump team, such as JD Vance, Elon Musk, thus reinforcing the pro-crypto positioning of the new administration.

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An ambitious vision for the future of Bitcoin in the United States

As part of his policy proposals, Kennedy outlined an ambitious agenda to integrate BTC into the US financial system. At the Bitcoin 2024 event in Nashville, he pledged to establish a strategic Bitcoin reserve if elected president.

Even more daring, he proposed placing the entire US tax budget on the blockchain to ensure full transparency of government spending. This measure would be accompanied by an executive order to transfer Bitcoin holdings from the government to the Federal Reserve.

In a July 2024 interview with Cointelegraph, Kennedy highlighted that Bitcoin could help preserve the U.S. dollar's reserve currency status, calling crypto adoption “inevitable.”

These proposals are now likely to resonate favorably within the Trump administration, where RFK Jr could play a key role in shaping US crypto policy.

Robert F. Kennedy Jr's position on Bitcoin, combined with his rallying behind Trump, considerably strengthens the pro-crypto camp within American power. This alliance could well mark a decisive turning point in the institutional adoption of Bitcoin in the United States.

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