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US presidential candidate Robert Kennedy Jr.: US BTC holdings should match gold reserves

2024-07-26 08:56

BlockBeats news, July 26, according to Decrypt, US presidential independent candidate Robert F. Kennedy Jr. said that if elected, he would push the federal government to buy $615 billion in Bitcoin until the size of Bitcoin held by the United States matches the country's gold reserves. Kennedy said in an interview, "Bitcoin is an honest currency, a currency based on proof of work. Everything is on the ledger, it is decentralized, and this is what we need to do with democracy. I hope the federal government will start buying Bitcoin and eventually have an equal amount of Bitcoin to gold during my term,"


It is reported that the US government is the world's largest gold owner, with 8,134 tons of gold. At current prices, gold is worth $615 billion, and 9.4 million BTC are needed to match this value, equivalent to nearly 45% of the total supply.

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