At the Bitcoin 2024 conference, U.S. presidential candidate Robert F. Kennedy Jr. praised the role bitcoin could play in improving the U.S. economy and proposed a comprehensive overhaul of U.S. monetary policy, adding that BTC could return the U.S. economy to its pre-Nixon state. He promised to issue four bitcoin-related executive orders if elected:
Consider the 204,000 bitcoins held by the United States as a "strategic asset" and will purchase 550 bitcoins per day.
2. Build a reserve of at least 4 million bitcoins, claiming that this will give the United States economic dominance;
3. Make BTC-USD transactions free from reporting or taxation to the IRS.
4. Allow BTC to be exchanged for real estate as a 1031-eligible asset.
Robert F. Kennedy Jr. summarizes four bitcoin policies, including BTC-USD transactions without reporting or taxation to the IRS
2024-07-27 06:58:34
United States presidential candidate candidate Robert Jr. Kennedy Bitcoin 2024 conventiondesk3cryptocurrencydesktopCrypto News
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