U.S. Presidential Candidate RFK Jr. Says He’s ‘Fully Committed’ to Bitcoin

Independent presidential candidate Robert F. Kennedy Jr. doubled down on his support for Bitcoin at the BTC 2024 conference in Nashville.

“I’m a big supporter of Bitcoin. Most of my wealth is in Bitcoin,” he said. “I’m totally committed.”

Bitcoin has become a hot topic this election cycle after Republican candidate Donald Trump announced that his campaign would accept crypto donations in May. Many crypto entrepreneurs have come forward to support the Trump campaign; Kraken co-founder Jesse Powell donated $1 million in crypto to Trump, and the Winklevoss Twins donated to a Trump-aligned PAC.

Kennedy, a libertarian-leaning candidate, took aim at the Federal Reserve, saying it was looking out for the interests of bankers, not the public.

“The relationship between Congress and the Fed is both parasitic and symbiotic for our country. The Fed is not a public institution… The decision-makers are appointed by the banking industry,” he said during a conference panel hosted by TheStreet.

Kennedy also argued that Covid lockdowns were largely in favour of billionaires and not of “main street”.

“The lockdowns … closed down all the small businesses in this country, which is what we need to feed, and kept open the Walmarts, the Amazons, the Facebooks, the oil industry, the processed food industries and big agriculture. They all thrived during that time,” he said.

Kennedy spoke at the CoinDesk Consensus conference in Austin, Texas, earlier this year, saying cryptocurrencies are the key to “transaction freedom.”

“We need sovereignty over our own wallets, freedom of transaction, and a transparent currency. We need to ensure that America remains the center of blockchain technology,” he said during Consensus.