Monday, December 9, 2024
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New US Secretary: “I invested most of my wealth in Bitcoin”

Robert Kennedy Jr., who was chosen by Donald Trump as Secretary of Health, is known to be a big supporter of Bitcoin.

Trump, the 47th President-elect of the United States, continues to prepare for his duties, which he will assume on January 20. Trump has started appointing the ministers of the new government. Trump’s administration, which is known to be pro-Bitcoin, includes crypto supporters.

Robert Kennedy Jr., who ran as an independent candidate in the presidential election and dropped out of the race to support Trump, became the new US health secretary.

Commentary on Bitcoin by name in the new US government

One of the names to be added to the new cabinet is Robert Kennedy Jr., a longtime Bitcoin advocate. Kennedy Jr. says Bitcoin is the tool that will reduce inflation in fiat currencies.

Kennedy Jr., who joined Trump’s cabinet, became a hot topic with his remarks on November 16. The famous politician indicated that he will continue to buy Bitcoin.

Kennedy Jr., who has gained attention for his pro-crypto rhetoric, made the following statements.

“I’m a big supporter of Bitcoin. I was here a year ago at the second Bitcoin conference. “I came back home and invested most of my fortune in Bitcoin, so I’ve got everything. “

Amid the debate over whether bitcoin would be a strategic reserve in the US, the fact that a bitcoin proponent was sitting on the Health Ministry seat raised expectations. The crypto community has predicted that the US government, along with Kennedy Jr., will support Bitcoin.

According to Kennedy Jr.’s policies, bitcoin can protect against a devaluation of the US dollar because its supply is limited.

Explaining that he bought Bitcoin for his children, Kennedy Jr. said;

“Right after the bitcoin conference, I got a big check and I bought two bitcoins for each of my seven children.”

Kennedy Jr. believes bitcoin is indispensable for governments.

In a July 2024 interview with Cointelegraph editor Sam Borghi, RFK asserted that Bitcoin could guarantee the US dollar’s reserve currency status. Kennedy said that bitcoin is “inevitable,” adding that “we need to act as a country that can have some control over bitcoin as part of the reserve.” he said.

This article does not contain investment advice or recommendations. Every investment and trading venture involves risk, and readers should do their own research when making decisions.

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