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Independent US presidential candidate Robert F. Kennedy Jr. <\/a>made headlines at the Bitcoin 2024 conference by pledging to purchase 4 million Bitcoins for the U.S. government if elected president. Speaking to a cheering crowd, Kennedy outlined his bold plan to integrate Bitcoin into the national economy.<\/p>\n “I will sign an executive order directing the U.S. Treasury to purchase 550 Bitcoin daily until the U.S. amasses a reserve of at least 4 million,” Kennedy declared. This would represent nearly 20% of the total Bitcoin supply.<\/p>\n Kennedy also said he would transfer the 204,000 Bitcoin currently held by the government into a Federal Reserve strategic reserve. He promised the cascading impact of these moves would “effectively move Bitcoin to a valuation of hundreds of trillions of dollars.”<\/p>\n He praised Bitcoin as “the currency of hope” and a way to restore financial stability after years of poor monetary policies. “Fiat currency<\/a> was invented to fund the war,” Kennedy said, adding that a Bitcoin standard would eliminate incentives for military conflict.<\/p>\n While Kennedy is not doing very well in early polls, his full-throated embrace of Bitcoin could help him gain traction with libertarian-leaning voters. He railed against high inflation and shrinking purchasing power, issues he believes adopting a Bitcoin standard would address.<\/p>\n Kennedy also pledged to make Bitcoin transactions non-taxable and allow Bitcoin to be exchanged tax-free. He said Bitcoin’s transparency makes it “the greatest foe of government corruption.”<\/p>\n With Bitcoin becoming a hot topic in the 2024 race, Kennedy is clearly trying to seize the mantle as the most Bitcoin-friendly candidate. His call for a massive 4 million bitcoin reserve shows he is willing to stake out bold positions to attract the growing Bitcoin voter bloc.<\/p>\n