US presidential candidate Robert F. Kennedy Jr. has vowed to issue several Bitcoin-related executive orders on his first day in office if elected president. Kennedy, who is running as an independent, made the announcement at a conference in Nashville on Friday. Bitcoin He did it at the 2024 conference.
“I understand that President Trump may announce tomorrow his plan to authorize the U.S. government to purchase one million Bitcoins as a strategic reserve asset, and I applaud that announcement,” Robert Kennedy F. Jr. said.
Kennedy detailed a plan to direct the U.S. Department of Justice and the U.S. Marshals Service to transfer approximately 200,000 Bitcoins currently held by the U.S. government to the Treasury Department. He noted that these assets would be held as a “strategic asset.”
Kennedy also announced his intention to sign an executive order directing the U.S. Treasury to purchase 550 Bitcoins per day until it accumulates a reserve of 4 million BTC. With approximately 21 million Bitcoins in circulation, the policy aims to capture a significant portion of the global Bitcoin supply.
“Our country holds about 19% of global gold reserves,” Kennedy said, adding, “This policy will earn us about the same percentage of total Bitcoin. This cascading effect and these actions will eventually push Bitcoin to a valuation of hundreds of trillions of dollars.”
In addition, Kennedy announced his plan to sign an executive order directing the U.S. Internal Revenue Service (IRS) to issue guidance declaring that all transactions between Bitcoin and the U.S. dollar will be considered non-reportable and therefore non-taxable.
*This is not investment advice.
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Source: https://www.bitcoinsistemi.com/abd-baskan-adayi-rfk-trump-bugun-bitcoini-abdnin-rezerv-varligi-olarak-aciklayabilir/
