【Robert Kennedy Jr.: Bitcoin can provide trading freedom and help restore the US economy】

TechFlow News, independent presidential candidate Robert F. Kennedy Jr. gave a speech at the Bitcoin2024 event on July 26 Beijing time, highly praising the role that Bitcoin can play in improving the US economy and lifestyle.

He promised to sign a number of executive orders to start the relevant process once he takes office. Kennedy said he would ask the Department of Justice and the US Marshals to transfer the 204,000 bitcoins held by the United States to the Federal Reserve as a "strategic asset" and instruct the Treasury Department to purchase 500 bitcoins.

He predicted that the United States will achieve "a dominance that other countries cannot surpass" and that its Bitcoin reserves will eventually be worth "hundreds of trillions of dollars."

In addition, Kennedy also plans to order that all transactions between Bitcoin and the US dollar do not need to be reported and taxed to the US Internal Revenue Service (IRS), and include Bitcoin in the 1031 exchange plan to encourage investment.

He emphasized that freedom of transaction is as important as freedom of speech, and Bitcoin can provide this freedom and help restore the US economy. Kennedy also said that if the world adopted the Bitcoin standard, there would be no more wars because "Bitcoin cannot be printed."

He plans to hire Space Force Major Jason Lowery as a national security adviser and promises to back U.S. Treasuries with hard assets including precious metals and Bitcoin to strengthen the dollar, control inflation, and usher in a new era of financial stability.

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