Get the latest tech news

RFK Jr. Says He'd Direct the Government to Buy $615 Billion in Bitcoin or 4 Million Bitcoins


US presidential candidate, Robert F. Kennedy Jr., announced during his keynote Friday at the Bitcoin Conference that he would direct the US government to buy bitcoin until the size of its bitcoin reserves matched its gold reserves. At current prices, that equates to $615 billion worth of gold. RFK J...

US presidential candidate, Robert F. Kennedy Jr., announced during his keynote Friday at the Bitcoin Conference that he would direct the US government to buy Bitcoin until the size of its Bitcoin reserves matched its gold reserves. At current prices, that equates to $615 billion worth of gold. RFK Jr. said: "I will sign an executive order directing the US Treasury to purchase 550 Bitcoin daily until the US has built a reserve of at least 4,000,000 Bitcoins and a position of dominance that no other country will be able to usurp."

Get the Android app

Or read this on Slashdot

Read more on:

Photo of Bitcoin

Bitcoin

Photo of government

government

Photo of rfk jr.

rfk jr.

Related news:

News photo

Cryptominer with palm-sized $179 ASIC hits the jackpot with $206,000 in Bitcoins

News photo

The post-halving Bitcoin mining market paradigm may shift towards further consolidation

News photo

Bye-bye Bitcoin, hello AI: Texas miners leave crypto for next new wave