RFK Jr. Proposes Bitcoin-Backed Economic Plan, Pledges Executive Orders to Boost US Dominance and Financial Stability

At the Bitcoin 2024 conference on July 26, Independent presidential candidate Robert F. Kennedy Jr. highlighted Bitcoin’s potential to strengthen the US economy and improve American life. He outlined his plans to sign several executive orders immediately upon taking office. One key order would direct the US Justice Department and US Marshals to transfer the government’s 204,000 Bitcoin holdings to the Federal Reserve, designating them as a “strategic asset.” Additionally, Kennedy proposed that the Treasury Department purchase 500 Bitcoin daily until the reserve accumulates at least four million BTC. He asserted that this move would establish the United States as

Source: CryptoIntelligence