On X, Kennedy referred to Bitcoin as the “currency of freedom,” emphasizing its potential as a hedge against inflation. He stated, “I’m a huge supporter of Bitcoin. I was here a year ago at the other Bitcoin conference. I went home and put most of my wealth into Bitcoin, so I’m fully committed.”

Source: X

Kennedy’s advocacy for Bitcoin is rooted in his belief that decentralized, supply-capped assets like Bitcoin, along with traditional hard assets such as gold and silver, can stabilize the U.S. dollar and protect it from devaluation. In July 2023, he disclosed that he had purchased two Bitcoins for each of his seven children, aligning his financial actions with his public endorsements.

In April 2024, Kennedy proposed placing the entire U.S. fiscal budget on the blockchain to enhance transparency and government accountability. During the Bitcoin 2024 event in Nashville, Tennessee, he pledged to establish a Bitcoin strategic reserve if elected president and committed to signing an executive order to transfer the U.S. government’s Bitcoin holdings to the Federal Reserve.

In his presentation at a Cantor Fitzgerald conference, Michael Saylor discussed the economic challenges posed by monetary inflation and proposed Bitcoin as a solution, explaining the Geopolitical Logic of the Strategic Bitcoin Reserve.