Robert Kennedy Jr. admits to buying 2 Bitcoin for each of his 7 children

Democratic statesmanlike campaigner Robert F. Kennedy Jr. has confirmed helium purchased a important magnitude of Bitcoin (BTC), earlier this twelvemonth — buying 2 BTC for each of his 7 children.

Speaking successful a July 26 Twitter space, Kennedy said the determination came aft helium received “a batch of criticism” from crypto manufacture pundits and the mainstream property successful the aftermath of his pro-Bitcoin comments made astatine the Bitcoin Miami Conference successful May.

Live present discussing #Bitcoin with ⁦@RobertKennedyJr⁩ ⁦@Breedlove22⁩ ⁦@1MarkMoss⁩ ⁦@natbrunell⁩ and ⁦@MartyBent⁩ https://t.co/gx5a63SDOj

— The Wolf Of All Streets (@scottmelker) July 26, 2023

Kennedy said helium was critiqued for promoting a “volatile commodity” portion not having immoderate tegument of his ain successful the game.

“Right aft that Bitcoin league I got a large cheque and I said, okay, you know, I'm going to enactment my wealth wherever my rima is and truthful I bought 2 Bitcoin for each 1 of my 7 children.”

Kennedy has six biologic children, including for sons and 2 daughters, whose ages scope from 22 to 38.

Assumedly, the seventh kid comes from Kennedy's astir caller matrimony to histrion Cheryl Hines, who had 1 girl earlier the brace joined successful 2014.

BREAKING: Democrat Presidential campaigner Robert Kennedy Jr. announces that helium is simply a #Bitcoin holder.

— Dennis Porter (@Dennis_Porter_) July 26, 2023

At the clip of his code astatine the league — wherever helium besides announced that helium would begin accepting run donations successful Bitcoin — the campaigner denied having immoderate idiosyncratic concern successful the cryptocurrency.

“I americium not an investor, and I americium not present to springiness concern advice,” helium said.

This marks the archetypal clip that Kennedy has admitted to owning the cryptocurrency, and lines up with a leaked fiscal disclosure which revealed the campaigner “between $100,001 and $250,000” worthy of Bitcoin astatine the extremity of June.

However, if RFK had purchased a full of 14 Bitcoin for an approximate terms of $26,800 successful the days pursuing the extremity of the league — his full holdings astatine the extremity of June would’ve surpassed $380,000.

Related: RFK Jr. elaborates presumption connected CBDC, crypto: ‘It isn’t conscionable criminals who privation privacy’

At the clip of publication, the terms of Bitcoin stands astatine $29,327, according to Cointelegraph terms data, meaning that Kennedy’s concern is present worthy a full of $410,000.

In the interview, Kennedy reaffirmed his program to back the U.S. dollar with Bitcoin arsenic good arsenic making the plus exempt from superior gains taxes if elected President.

This benignant of happening partially explains the entreaty of Bitcoin. Our state to transact and prevention should not beryllium astatine the mercy of governmental enforcers. No outgo level should beryllium allowed to discriminate against radical for exercising their close to escaped speech.

— Robert F. Kennedy Jr (@RobertKennedyJr) July 26, 2023

Saying that helium sees Bitcoin arsenic a conveyance for returning innovation to America, helium added that immoderate superior gains exemptions connected Bitcoin conversions should lone use to smaller investors and businesses, arsenic to not make “huge windfalls” for ample companies similar BlackRock and Goldman Sachs.

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