Robert F. Kennedy Jr. invests most of his wealth in Bitcoin

He believes Bitcoin offers a hedge against inflation and acts as a stabilising force for the US dollar, which he fears may devalue.

Two U.S. lawmakers have called for a federal probe into TP-Link’s routers, citing fears of potential cyber attacks targeting critical infrastructure.

Robert F. Kennedy Jr., former presidential candidate and current Cabinet nominee, has made headlines again by revealing that he has invested the majority of his wealth in Bitcoin. Describing the digital asset as the “currency of freedom,” Kennedy shared his belief that Bitcoin offers a hedge against inflation and can help preserve wealth. His commitment to Bitcoin is clear, as he stated in a recent post: “I’m a huge supporter of Bitcoin. I went home and put most of my wealth into Bitcoin, so I’m fully committed.”

Kennedy’s enthusiasm for Bitcoin is not new. In 2023, he disclosed that he had bought Bitcoin for each of his seven children. He’s long been a vocal advocate for Bitcoin, arguing that it, alongside gold and silver, could act as a stabilising force for the US dollar, which he believes is at risk of devaluation.

Furthering his Bitcoin commitment, Kennedy has proposed bold ideas, such as placing the entire US fiscal budget on the blockchain for enhanced transparency and accountability. During the Bitcoin 2024 event in Nashville, he also promised to establish a Bitcoin strategic reserve if elected president and pledged to sign an executive order to transfer the US government’s Bitcoin holdings to the Federal Reserve.

Kennedy’s view on Bitcoin’s role in the future of the US dollar is equally strong. He has described Bitcoin as “inevitable” and suggested that the country must move quickly to incorporate Bitcoin as part of its reserve assets to maintain control and stability.