Monday November 18, 2024 10:41 AM
3 days 1 hour ago
Robert F. Kennedy has reiterated his full commitment to Bitcoin, mentioning he has most of his wealth invested in the pioneering cryptocurrency. In a viral video , the former US presidential candidate disclosed that Bitcoin makes up a chunk of this wealth. He noted that he is a massive supporter of the premier asset and has decided to put his money where his mouth is by aping considerably into the asset class.Pro-Bitcoin Kennedy Fully CommittedKennedy revealed that he reconsidered his wealth distribution after attending the Bitcoin Conference in 2023. He insinuated that after a financially exposing experience at the gathering, he “went home and put most of his wealth” into Bitcoin.During the disclosure, he noted that he is a staunch believer in and fully committed to Bitcoin. Interestingly, his support for the emerging “digital gold” and belief that it can solve the United States’s growing economic instability was one of his strong arguments when he ran for president as an independent candidate.Meanwhile, Kennedy also reiterated his pro-Bitcoin stance in a November 16 tweet . He described Bitcoin in the X update as a currency of freedom and a hedge against inflation for the average American.Kennedy further stated that Bitcoin was a financial tool that the United States needed to remedy economic setbacks like the degradation of the dollar and surging national debt. Notably, he made these comments while endorsing Howard Lutnik, Cantor Fitzgerald’s CEO , for US Treasury Secretary.Trump Appoints Kennedy as Health SecretaryMeanwhile, the pro-crypto former presidential candidate became the latest cabinet member of Donald Trump’s leadership team. Last week, Trump appointed Kennedy the Secretary of Health and Human Services (HHS) after a similar nomination for Elon Musk .Kennedy also became another pro-crypto appointment for Trump, who seems committed to fully adopting Bitcoin and digital assets. Notably, the President-elect already promised to appoint a pro-crypto Securities and Exchange Commission (SEC) chair after firing Gary Gensler .
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