RFK Jr Says He Purchased Bitcoin For His Kids

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Quote from: Lucius on August 02, 2023, 05:25:12 AM

I wonder what happened next - RFK bought BTC for his dogs or a turtle or RFK ordered a pizza and paid for it with BTC? I think that too much dust is being raised about this man who has a chance to become president only if the current president does not live to see the next election or the one who attempted a coup ends up in prison.

Correct. This might be why he is trying to make big promises and gather as much people to support him for his campaign because he might already know that he has no chance hehehe. Also, promises of a currency being backed by bitcoin is very stupid because it will not work in the American economy which need times of inflationary periods to grow. Maybe he forgot about the failure and abandonment of the gold standard hehehe.

The skeptical me thinks these corrupt people make some money in these campaigns that they know they will lose. However, his free press for bitcoin was good, I reckon.

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I wonder what happened next - RFK bought BTC for his dogs or a turtle or RFK ordered a pizza and paid for it with BTC? I think that too much dust is being raised about this man who has a chance to become president only if the current president does not live to see the next election or the one who attempted a coup ends up in prison.

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Quote from: pooya87 on July 31, 2023, 08:01:42 AM

Quote from: bbc.reporter on July 31, 2023, 02:17:13 AM

The skeptics of RFK should challenge him hehehe. It might be good for some people from the bitcoin community to ask Robert Kennedy for the transaction hash of each of those 2 BTC that were sent to each of his children. He should not be lying because it can easily be proven by using a blockchain explorer. However, if he is lying, he should pray that not one person would starting demanding for the transaction hash hehehe.

Doing that would make thins worse because RFK would easily deflect by saying it is a violation of privacy of his children and that is against bitcoin ethos and wouldn't provide anything. Then you wouldn't know if he is lying about this or having bought bitcoin in first place. Grin

However, doing that would also be his enemies' chance to call him a liar and the bitcoin community to call him a larper hehehehe. Also, someone should tell him that he bought the wrong cryptocoin if he wanted more anonymity and privacy. However with a warning, the Monero community is very small it will not help him collect much supporters for his campaign hehehe.

pooya87

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Quote from: bbc.reporter on July 31, 2023, 02:17:13 AM

The skeptics of RFK should challenge him hehehe. It might be good for some people from the bitcoin community to ask Robert Kennedy for the transaction hash of each of those 2 BTC that were sent to each of his children. He should not be lying because it can easily be proven by using a blockchain explorer. However, if he is lying, he should pray that not one person would starting demanding for the transaction hash hehehe.

Doing that would make thins worse because RFK would easily deflect by saying it is a violation of privacy of his children and that is against bitcoin ethos and wouldn't provide anything. Then you wouldn't know if he is lying about this or having bought bitcoin in first place. Grin

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Quote from: PX-Z on July 29, 2023, 07:00:05 PM

Quote from: bbc.reporter on July 26, 2023, 09:58:37 PM

I reckon that we might be witnessing bitcoin's mainstream acceptance as a collectible.

Yeah, why not, its the same thing, as long it is securely keep, i mean the safely backup its all good. Then redeem it later on after 5-10 years, just like any other investments.

I don’t know if I’d say he bought it as a collectible for his kids. I’d consider it more like starting a retirement account for your kids. While buying a collectible may be considered an investment, I think purchasing Bitcoin is more of a pure investment. I wonder if he’s holding onto them or what the custody situation is.

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Quote from: sokani on July 29, 2023, 08:07:49 AM

Quote from: bbc.reporter on July 26, 2023, 09:58:37 PM

He might not get the nomination to become the Democrats' presidential candidate in their Democratic national convention, however, he is giving free advertisment for bitcoin hehehe.

Also, assuming that Robert Kennedy, a politician, really purchased bitcoins for his kids as part of their inheritance, I reckon that we might be witnessing bitcoin's mainstream acceptance as a collectible.

It's election season and it's a time to sell all kinds of lies to electorates and politician would say all sorts of things when they are canvassing for votes. I have never believed Robert F. Kennedy promises that his administration would promote the acceptance of Bitcoin in America if he becomes president. I do not believe that he's holding a sizable amount of Bitcoin, I do not believe that he bought 2 BTC for each of his children. I think RFK is only saying all these to rally support from crypto enthusiasts in America.

The skeptics of RFK should challenge him hehehe. It might be good for some people from the bitcoin community to ask Robert Kennedy for the transaction hash of each of those 2 BTC that were sent to each of his children. He should not be lying because it can easily be proven by using a blockchain explorer. However, if he is lying, he should pray that not one person would starting demanding for the transaction hash hehehe.

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Quote from: bbc.reporter on July 26, 2023, 09:58:37 PM

I reckon that we might be witnessing bitcoin's mainstream acceptance as a collectible.

Yeah, why not, its the same thing, as long it is securely keep, i mean the safely backup its all good. Then redeem it later on after 5-10 years, just like any other investments.

wiss19

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It's all about making it public or keeping it a secret, I'm pretty sure that a lot of famous people from all around the world and secretly stacking up Bitcoins and cryptocurrencies but they just don't make it public, even those who are fighting against it, like people in SEC or other organizations, even they might be buying and storing Bitcoins and cryptocurrencies because they all know that the time is right and it will surely go significantly up in the future.

Whatever they say or believe or show to the public, all we want is for Bitcoin and cryptocurrencies to prosper, and if they are slowly starting to adopt it, that is definitely going to help the cause, and that's what we want as Bitcoiners, as the time goes by, more and more people will come in front with their Bitcoin investments.

mvdheuvel1983

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RFK has been on the news lately and he has been so vocal about Bitcoin. It is not unconnected to his presidential ambition and the dire need to have the Bitcoin community vote him as he would have noticed that we are growing rapidly. Whether the Bitcoin community in eventually decides to vote him in as a result of his being so vocal about his support for Bitcoinor not, what I can deduce from the news is that it is going mutually beneficial outcome. Both sides win. He has give Bitcoin more publicity. If he doesn't win at least he would still have the bitcoins he bought which would increase in value.

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Quote from: Latviand on July 29, 2023, 12:55:31 AM

Quote from: sunsilk on July 28, 2023, 08:46:21 AM

Quote from: Latviand on July 27, 2023, 06:46:54 AM

~

These politicians have got a lot to discuss and it's not just all about Bitcoin. There are too many issues that they need to address and I am okay with that. Anyway, I am not a voter but anyone is welcome on this community whether he's a politician with good intention or just for the sake of votes.

Sure, they do have a lot to discuss and that bitcoin legitimacy is just a small portion of what they need to address but the point of this thread is to talk about his support in bitcoin and I think it's a valid thing that it's the only thing that we discuss here.

Well, that's on point.

He's got a story to tell that he has bought it for his kids for their inheritance and that's a boss move. Now for those that did liked what he has told and are eligible to vote next year.

They gotta decide if he's the candidate that they'll support but it's too early to tell that. I've seen candidates like Yang before that has expressed his support to Bitcoin but with lack of support from the people, he had to surrender.

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Quote from: bbc.reporter on July 26, 2023, 09:58:37 PM

He might not get the nomination to become the Democrats' presidential candidate in their Democratic national convention, however, he is giving free advertisment for bitcoin hehehe.

Also, assuming that Robert Kennedy, a politician, really purchased bitcoins for his kids as part of their inheritance, I reckon that we might be witnessing bitcoin's mainstream acceptance as a collectible.

It's election season and it's a time to sell all kinds of lies to electorates and politician would say all sorts of things when they are canvassing for votes. I have never believed Robert F. Kennedy promises that his administration would promote the acceptance of Bitcoin in America if he becomes president. I do not believe that he's holding a sizable amount of Bitcoin, I do not believe that he bought 2 BTC for each of his children. I think RFK is only saying all these to rally support from crypto enthusiasts in America.

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He may never be president, but he sure knows how to create waves. I notice that RFK is attempting to diversify his political career by purchasing bitcoin. We are all familiar with politicians and their empty promises. But his foray into Bitcoin certainly bolsters confidence in the cryptocurrency market.

But we cant discount the fact that he's trying to gain attention with this. When you can buy Bitcoin and have the internet do your campaigning for you, why bother giving money to a candidate? Those youngsters have it made, though; 2 Bitcoin each? Hot dang. Not gonna lie, I wish my parents were that forward-thinking...

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Quote from: pooya87 on July 28, 2023, 04:01:21 AM

Quote from: bbc.reporter on July 27, 2023, 09:09:43 PM

I admit, I might be wrong in assuming that it was purchased as a collectible, however, it makes it appear this way from my eyes when he said he bought those bitcoins for his kids. I was not implying bitcoin is a collectible but it can be if you only want to hold it like a stamp collection without the intention of spending it or selling it.

But for his kids, if one of them is a good friend of Hunter Biden, the coins given to him would certainly be a medium of exchange that he can use to purchase drugs from the darknet hehehe.

You forgot the first rule, you shouldn't believe what politicians say. They say all kinds of lies. For all we know he may not even know how to spell Bitcoin let alone having bought anything.

Correct and thank you for reminding me hehehe. It might be why my first impression of uncle Robert's bitcoin purchase was he did it just as a collectible. I wish he is sincere in his support, however like you, the skeptical me is also asking why would he tell everyone that he supports bitcoin if it is not only for his self interest.

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Quote from: Don Pedro Dinero on July 26, 2023, 10:37:08 PM

I would like to see many politicians do the same as this, but I doubt we will have many examples of politicians of such importance in the near future, so I welcome it. If only for the sake of publicity. He is also giving free advertising to Bitcoin.

Not only you, who want this to always happen. But I also have the same opinion as you.

Because with a politician who openly says he supports and invests in bitcoin. Indeed it would be great to help bitcoin grow in terms of popularity. Moreover, politicians who say this are prominent politicians who are highlighted by the whole world, such as Robert Kennedy Jr, of course, the popularity of bitcoin will be increasingly recognized by many people in the world.

But apart from the support of politicians like the RKJ for this bitcoin asset, no one knows, whether the support is really sincere from the bottom of his heart or this support is just a technique used to win the hearts of bitcoin supporters for his personal goals. But I don't think this is a big problem, because the important point in this case is, about the impact that it will have on the progress of bitcoin.

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Quote from: NotATether on July 27, 2023, 02:51:00 AM

I wonder whether he uses a custodial service for distributing the BTC for inheritance planning or whether he is just holding all those BTC himself in separate wallets.

Because if its the latter, then he could actually take out the money slated for inheritance and spend it on himself if he wanted to. So just hearing the claims that he's bought BTC for his kids is not enough, they need to be verified via the blockchain for absolute certainty.

He shouldn't lie with such information because there is no need to do that just for cheap publicity after he denied owning any. But a document shown by CNBC proves that the presidential hopeful's family owns about $100k to $250k worth of Bitcoin. How the coin is held is unclear but I think his children should demand to take custody of the wallet if he still controls them. They should be old enough to handle their Bitcoin inheritance. But if it is untrue, let his conscience judge him.

Quote from: adaseb on July 26, 2023, 11:07:12 PM

I like this guy and I think he would be a good president however I just don’t think that he will get enough support. Most likely Trump will be on the lead unless there is some hard evidence about his crimes and he ends up stuck in court for the next decade.

Maybe he should of started campaigning earlier. Because trump started pretty much since he lost the election and hence why he has all this support. Most people never heard of RFK Jr until perhaps 2 months ago.

Politicians can't be trusted but I am happy he is promoting something I like. Some politicians promote gun ownership, immigration control, and racial discrimination to gain some support from the electorate. So I am glad Kennedy is promoting Bitcoin to gain the support of the community. He has also been attacking conventional banks and speaking against centralization through CBDCs. He even criticized UK banks for trying to silence some customers due to their political ideology. Although his chances to win are slim, if he finally does, Bitcoin will receive better treatment. But for now, let's enjoy the publicity.

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Quote from: sunsilk on July 28, 2023, 08:46:21 AM

Quote from: Latviand on July 27, 2023, 06:46:54 AM

~

These politicians have got a lot to discuss and it's not just all about Bitcoin. There are too many issues that they need to address and I am okay with that. Anyway, I am not a voter but anyone is welcome on this community whether he's a politician with good intention or just for the sake of votes.

Sure, they do have a lot to discuss and that bitcoin legitimacy is just a small portion of what they need to address but the point of this thread is to talk about his support in bitcoin and I think it's a valid thing that it's the only thing that we discuss here.

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Quote from: Vickysagar on July 27, 2023, 10:08:38 AM

I think his kids won't have any problems with money, it looks more like a political move. If he just wanted to buy it for his kids he could remain silent.

I do not exaggerate when I say politicians are amongst three to five things or people I dislike.
I completely agree with you, it's a political move and also anyone out there headed for the seat can also say this. What they say and how they say don't matter, all that matters is how they make plans to make all of these happening.
All of these are strategies and plainly self centered comments to get support from the Crypto Community. His comment also ain't relevant, it jas not positive impact on the price of Bitcoin.

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It's a nice move to think good of BTC and even participate in owning some as a part of future investment for his children. More than just announcing to the public, do the kids even know what BTC mean? How crypto can be used and the opportunity it holds for future investors?

I know his reason for this revelation is because he is vying for a political position and with the more acceptance of the coin and usage by the masses, it is a criteria among which voters would acknowledge before voting anyone into power.

UK regulators has done well to bring cryptocurrencies acceptance and usage into limelight, although the essence of crypto is for anonymity on its decentralized network, the move to accept it will make more countries wake up to review their stand and also include in their campaigns, BTC and crypto agendas. A time where it would be fully accepted is around the corner.

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Quote from: pooya87 on July 28, 2023, 04:01:21 AM

You forgot the first rule, you shouldn't believe what politicians say. They say all kinds of lies.

Politicians promise a lot and they sell a lot of hopes. At the end, they break lot of their promises and fail to complete their plans. Hope rarely becomes true from pololician promises.

Quote

For all we know he may not even know how to spell Bitcoin let alone having bought anything. After all he is a multi millionaire who doesn't really care about "profit" to buy bitcoin, such people also are already living "above the system" so they don't need the privacy and sovereignty that decentralized money gives them. In other words bitcoin doesn't have any benefit for them which means there is a good chance that he is simply lying to try and get some votes.

They only need votes and love to gain attention from others. They want to have feeling to be important people and they know that no one will be able to send them into prisons because they don't complete promises in their propaganda.

Laws support politicians and they exploit it to trap their supporters for personal pride, votes ... Bitcoin need more friendly regulations to have better adoption but one politican can not do anything big to change a game. Especially RF Kenedy Jr. is not a competitive candidate.

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I mean not that this is news worthy, but sure ok. This dude having 7 children is a bigger news if you ask me, who has 7 children? I mean not a lot of Americans do, that part is known and he has 7 children? Wow. That makes it 14 bitcoins, at around 30k each that makes it 420k, not a ton of money if you ask me, I know people who have more bitcoin than that right now, and if I know them as a normal human who is not rich and do not have rich people network, then I am sure that there are a lot of people who are much richer.

Billions go into this, so having less than half a million dollars invested makes no sense at all. Not that this dude would become the president neither, nobody would vote for him, so it makes no sense at all.

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