profile picture of Robert Kennedy

Robert Kennedy

Independent Political Figure

Notable statements

profile picture of Robert Kennedy

Robert Kennedy

@RobertKennedyJr

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@Jkylebass Bitcoin is the currency of freedom , a hedge against inflation for middle class Americans,a remedy against the dollar’s downgrade from the world’s reserve currency, and the offramp from a ruinous national debt. Bitcoin will have no stronger advocate than Howard Lutnik.
Very pro-crypto
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Robert Kennedy

@RobertKennedyJr

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RT @godblessBTCfilm: . @WolfvonLaer , @WarrenDavidson , and @RobertKennedyJr discuss how Bitcoin can be a tool for fighting government over…
Very pro-crypto
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Robert Kennedy

@RobertKennedyJr

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Powerful insight from @DA_Stockman about what is holding back crypto. He is commenting on my recent statement: "I am going to support making direct ownership of Bitcoin tax-free. The conversion of Bitcoin back into dollars will be a non-reportable transaction to the IRS and not subject to capital gain." David says: The significance of the bolded phrases cannot be overstated. The problem with Bitcoin and all other crypto-currencies today is that they are effectively incarcerated on a monetary reservation surrounded by Federal cops and tax collectors. Accordingly, they have developed no meaningful “use” case or attributes of “moneyness” because Bitcoin is quasi-inconvertible: the risks of bringing wealth stored in Bitcoins back across the tax and regulatory ramps to the banking system world of dollars are just too severe. As a result, the crypto-world’s state-erected monetary reservation resembles a gambling casino in the otherwise uninhabitable Nevada desert. Capital goes there to wager and punt, but not to operate, invest and settle. And that, in turn, blocks crypto’s capacity to evolve into a usable and stable non-state money that can function both as a store of value and a transaction medium for everyday commerce. ... The violent trading range of Bitcoin just in the last few years... is not evidence of a new money aborning. It tracks the frolicking of Wall Street punters enabled by cheap carry-trade funding and emboldened by the Fed Put under risk asset markets generally. That is to say, the Fed’s unremitting corruption of the dollar and the Wall Street trading venues has generated an endless search for new wagering opportunities. Not surprisingly, therefore, Wall Street quickly turned crypto-currencies into yet another “asset class”, which is now being aggressively traded by chart-monkeys and algorithms based on factors that are purely intrinsic to the vibrations of the electronic trading pits. Accordingly, the market cap of Bitcoin currently stands at $1.347 trillion and the 2,400 outstanding cryptos as a group are valued at $2.45 trillion. Yet all of this “value” has been generated without even the bother of price discovery on the appropriate cap rates for non-existent earnings, dividends, other returns on capital, or even at least some evidence of value-added in main street commerce. That is to say, hemmed in by Federal cops and tax collectors and dominated by Wall Street speculators, these virtuous candidates for badly needed non-state money have metastasized into gambling chips, mainly owned by the 1% and their wanna be imitators among the homegamers. Meanwhile, with cryptos cordoned off in the gambling pits, this variation of Gresham’s Law works its will. By driving out good money from daily commerce, the central bankers ensure that depreciating dollars remain the spending medium of the main street economy.
Very pro-crypto
profile picture of Robert Kennedy

Robert Kennedy

@RobertKennedyJr

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RT @saylor: "I will sign another executive order directing the US Treasury to purchase 550 #Bitcoin daily until the US has built a reserve…
Very pro-crypto
profile picture of Robert Kennedy

Robert Kennedy

@RobertKennedyJr

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RT @rustyrockets: .@RobertKennedyJr proposes Bitcoin and precious metals to restore US financial stability, echoing JFK's vision: "Six mon…
Very pro-crypto
profile picture of Robert Kennedy

Robert Kennedy

@RobertKennedyJr

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RT @BTC_Archive: JUST IN: 🇺🇸 I would like to have to Federal government buy #Bitcoin and have an equivalent amount to gold, says Presidenti…
Very pro-crypto
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Robert Kennedy

@RobertKennedyJr

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President Trump spent years disparaging crypto currencies; he even appointed anti-crypto proselytizer Steve Mnuchin to head the Treasury Department. Then, in early 2024 – a presidential election year – Trump suddenly pulled a 180 and began to extol the virtues of crypto. While Ix.com/i/web/status/1… pic.x.com/VP9ZVmyJdVhat he says, I worry that without a deep understanding of the issue, he won’t have the mettle to stand up to the Wall Street bankers and Washington bureaucrats he’s so quickly caved to in the past.
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Very pro-crypto
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Robert Kennedy

@RobertKennedyJr

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RT @saylor: “I would like to have the federal government begin to buy Bitcoin and over my term in office, ultimately have an equivalent amo…
Very pro-crypto
profile picture of Robert Kennedy

Robert Kennedy

@RobertKennedyJr

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Today at 6:15 p.m. ET, live streamed right here on X, I will speak with @scottmelker + @CaitlinLong_ to kick off @TheBitcoinConf. #Bitcoin 🇺🇸
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Very pro-crypto
profile picture of Robert Kennedy

Robert Kennedy

@RobertKennedyJr

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There’s only one person running for president who is pro-crypto. Join me in fighting for transactional freedom and making the U.S. the most crypto-friendly country in the world. DONATE NOW ➡️ hkennedy24.com/donate #KennedyShanahan24 https://t.co/lNIBCX75bp
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Very pro-crypto
profile picture of Robert Kennedy

Robert Kennedy

@RobertKennedyJr

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Bitcoin Magazine asked me about Central Bank Digital Currencies (CBDCs) and I shared my primary concern: that the Fed’s proposed digital cash could be used as an instrument of control — similar to China’s oppressive social credit system — rather than as a tool of empowerment. pic.x.com/qXzrpjmdy7
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Very pro-crypto
profile picture of Robert Kennedy

Robert Kennedy

@RobertKennedyJr

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We are challenging a draconian CA law restricting crypto transactions to $1,000. First victim: immigrants, who use crypto for remittances. Second victim: America's tech leadership. Third victim: the basic freedom to transact. Please support us, BAC + others in reversing this law. Learn more here: dfpi.ca.gov/wp-content/upl…
Very pro-crypto
profile picture of Robert Kennedy

Robert Kennedy

@RobertKennedyJr

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Cryptocurrency is the off-ramp for our addiction to the Federal Reserve. It’s the best hedge against inflation. And it takes control away from the government and from the monopolistic banking system, which uses money printing to shift wealth upward to the oligarchy of billionaires while impoverishing regular Americans. If you agree that crypto equals freedom, help me advance that vision as President. DONATE NOW ➡️ https://t.co/iAB8LpbDge
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Very pro-crypto
profile picture of Robert Kennedy

Robert Kennedy

@RobertKennedyJr

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RT @TheChiefNerd: 🔥 Robert F. Kennedy, Jr Says Crypto is the 'Off-Ramp For Our Addiction to the Fed' "We're now seeing price honesty...The…
Very pro-crypto
profile picture of Robert Kennedy

Robert Kennedy

@RobertKennedyJr

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RT @BitcoinMagazine: JUST IN: 🇺🇸 US Presidential candidate Robert F. Kennedy Jr says "Transactional freedom is as important as freedom of s…
Very pro-crypto
profile picture of Robert Kennedy

Robert Kennedy

@RobertKennedyJr

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.@BitcoinMagazine asked me about my plan to save the dollar. I explained how I would stop runaway inflation through hard currencies such as #gold, silver, platinum + #Bitcoin. #Kennedy24 pic.x.com/IpPMZSxIwA
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Very pro-crypto
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Robert Kennedy

@RobertKennedyJr

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.@BitcoinMagazine asked me about how war causes inflation. I discuss how Kissinger and Nixon took the U.S. off the gold standard to fund the war in Vietnam, which was becoming increasingly unpopular in America. pic.x.com/daN0onLftL
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Very pro-crypto
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Robert Kennedy

@RobertKennedyJr

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Thanks @BitcoinMagazine for a great interview on CBDCs. My primary concern is that the Fed's proposed digital cash could be used as an instrument of control — similar to China’s oppressive social credit system — rather than as a tool of empowerment. #Kennedy24 pic.x.com/oPMRphd3Ui
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Very pro-crypto
Very pro-crypto
profile picture of Robert Kennedy

Robert Kennedy

@RobertKennedyJr

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This kind of thing partly explains the appeal of Bitcoin. Our freedom to transact and save should not be at the mercy of political enforcers. No payment platform should be allowed to discriminate against people for exercising their right to free speech.
Very pro-crypto
profile picture of Robert Kennedy

Robert Kennedy

@RobertKennedyJr

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RT @scottmelker: We will be discussing freedom, money, $BTC, CBDCs, privacy and more with @RobertKennedyJr on July 26th at 2 PM EST. Join…
Very pro-crypto
profile picture of Robert Kennedy

Robert Kennedy

@RobertKennedyJr

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As president, I will make sure that your right to use and hold Bitcoin is inviolable. Bitcoin is not only a bulwark against totalitarianism and the manipulation of our money supply, it points the way toward a future in which government institutions are more transparent and more democratic.
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Very pro-crypto