@aksbks010
In a recent interview, Presidential candidate Robert F. Kennedy Jr. suggested that the federal government should acquire enough Bitcoin to match the value of the nation’s gold reserves. This comes as speculation mounts about President Donald Trump's intentions to establish a U.S. Bitcoin reserve.
Kennedy, an independent candidate, shared his vision during a conversation with Custodia Bank CEO Caitlin Long, hosted by YouTuber Scott Melker. He emphasized the integrity of Bitcoin as a currency, noting its decentralized nature and transparency. "Bitcoin is an honest currency," Kennedy stated. "It's based on proof of work, everything is on the ledger, and that’s what we need to do with democracy." The U.S. government currently holds 8,134 tons of gold, valued at approximately $615 billion. To match this value in Bitcoin, the government would need to procure around 9.4 million BTC at current prices, which represents nearly 45% of the total Bitcoin supply.
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