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Topic: RFK Jr Says He Purchased Bitcoin For His Kids - page 3. (Read 420 times)

legendary
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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.
legendary
Activity: 2814
Merit: 1112
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He's just trying to get votes from citizens who like cryptocurrency but whether that's enough to influence the acquisition of votes later is still a question, but at least what he's doing is providing an opportunity for other citizens of the United States to also want to choose Bitcoin either as an inherited asset or something else, but because the amount he bought wasn't much so it didn't really affect the market because of course the amount he bought would depend on his financial capabilities, but it was a small amount.
hero member
Activity: 3150
Merit: 937
It's not free advertisement because the man is courting the people for support. As well as donations, of course. By clearly speaking out his stand in favor of Bitcoin, he's certainly hoping that the community that is also in support of Bitcoin will rally behind him. This is elections season.

Anyway, quite similar to mk4's question, why "as a collectible" when Kennedy Jr. has probably not even once called Bitcoin as a collectible? He called Bitcoin the "perfect base currency," an "exercise in democracy," and others but not as something to be merely collected.

How many Bitcoiners are US citizens? Several million? Not a big enough number to win the elections, if you ask me.
I remember that in the 2020 US presidential elections, another candidate from the Democratic party was pro-Bitcoin, but he got a ridiculously low amount of support. I even forgot his name. Stating that you are pro-Bitcoin doesn't mean anything. What if a republican candidate also declares, that he supports Bitcoin? I think that Ron DeSantis also made some public statements in favor of Bitcoin/crypto.
Most crypto supporters are right wing libertarians, so I doubt that they will support a left wing liberal/socialist candidate.
hero member
Activity: 1722
Merit: 801
Presidential candidate Robert F. Kennedy Jr has always been outspoken about his support for cryptocurrencies. The 2024 presidential candidate has time and again made promises outlining the policies that he will enact if he is elected to power, including some targeting Bitcoin. However, RFK revealed Wednesday that he has actually purchased Bitcoin, 2 BTC for each of his seven children.
RF. Kenedy Jr. has spy agents in Bitcointalk and he knew such stories are interesting and attractive, then applied it on Twitter,  now X platform.

Why should he share his stories that he purchased bitcoin for himself and for his children? To get more attention from the USA. citizens and to make this promise to protect Bitcoin and cryptocurrency industry if he is elected as a President or at least elected as a preresentative of the Republic party for the President election.

2 BTC for each of his seven children and he bought 14 BTC for his children. How many BTC he has for himself, his wife ?

His story is nothing if no evidence of his purchases is shown but I know he has enough money to buy 14 BTC.

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.
Yes, he knew it too and it forced him to build up such stories then sharing them.
legendary
Activity: 3808
Merit: 1723
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.
legendary
Activity: 2576
Merit: 1860
It's not free advertisement because the man is courting the people for support. As well as donations, of course. By clearly speaking out his stand in favor of Bitcoin, he's certainly hoping that the community that is also in support of Bitcoin will rally behind him. This is elections season.

Anyway, quite similar to mk4's question, why "as a collectible" when Kennedy Jr. has probably not even once called Bitcoin as a collectible? He called Bitcoin the "perfect base currency," an "exercise in democracy," and others but not as something to be merely collected.
hero member
Activity: 2842
Merit: 772
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.

Of course, they can used it during their campaign, specially for the young generations of voters. Maybe it can make an appeal to them that a Presidential candidate is also in BTC.

And if this true then being rich and have a lot of money, the family might think of it as a sort of investment or something. For his kids and grand kids, bitcoin could be look upon as a potential generational wealth for this wealthy individual. However, average joe like the majority of us here can also think of BTC that way.

But as what others have said, this id free publicity for RFK Jr, so still a win-win for him.
legendary
Activity: 1358
Merit: 1565
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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.
mk4
legendary
Activity: 2870
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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.

How did you come to the conclusion that the bitcoin was purchased as a collectible rather than as a liquid scarce asset like gold? Also, calling this "mainstream acceptance" might be pushing it a little bit.

More free publicity nonetheless.
legendary
Activity: 3010
Merit: 1460
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.



Presidential candidate Robert F. Kennedy Jr has always been outspoken about his support for cryptocurrencies. The 2024 presidential candidate has time and again made promises outlining the policies that he will enact if he is elected to power, including some targeting Bitcoin. However, RFK revealed Wednesday that he has actually purchased Bitcoin, 2 BTC for each of his seven children.

RFK previously disputed owning any Bitcoin of his own but confirmed owning 14 BTC in a Twitter space when asked about the subject. “Right after the Bitcoin Conference, I decided to put my money where my mouth is and bought two bitcoin for each of my seven children,” said Kennedy.


Read in full https://watcher.guru/news/rfk-jr-says-he-purchased-bitcoin-for-his-kids
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