Robert F. Kennedy Jr., a candidate for the U.S. Democratic Party in the presidential election, surprised many when he revealed that he had bought Bitcoin for his seven children after attending the Bitcoin conference in Miami earlier this year. Despite previously denying being a Bitcoin investor and maintaining a neutral attitude towards cryptocurrencies, he admitted to purchasing 14 BTC for each of his children using some of the profits from his lawsuit against Monsanto, totaling 14 BTC in assets.
A financial report completed in June indicated that Robert F. Kennedy Jr. owned between $100,000 to $250,000 worth of cryptocurrencies, though it’s unclear whether this includes his personal investments beyond the BTC he purchased for his children.
After running for the U.S. presidency, Robert F. Kennedy Jr. displayed a more favorable view towards cryptocurrencies. He announced his support for tying the USD to Bitcoin and ending Bitcoin taxes if elected as president, believing that investments in the cryptocurrency market have the potential to uplift the poor from poverty.
In May 2023, Robert Kennedy Jr. made history by becoming the first presidential candidate to accept campaign contributions in Bitcoin. He is among several presidential candidates hoping to implement extensive promises based on cryptocurrencies. In contrast, the Republican presidential candidate and Florida Governor, Ron DeSantis, took a different stance by declaring his intention to ban central bank digital currencies if elected.
These contrasting views highlight the diversity of opinions on cryptocurrencies among political figures, and their potential impact on the future of the financial landscape.