Democratic Presidential Candidate Robert F. Kennedy Jr. He announced his ambitious policies regarding Bitcoin (BTC), which he plans to implement if elected President in 2024.
Democratic Presidential Candidate Announces He Will Support Bitcoin (BTC) If Elected President
Kennedy Jr. He announced his intention to support the US dollar with Bitcoin (BTC) and exempt investors from capital gains taxes on Bitcoin profits.
Kennedy Jr. He stated that under his administration, converting Bitcoin to US dollars would be exempt from capital gains taxes.
This move aims to foster innovation and position the United States as a leader in cryptocurrency markets and blockchain technology.
Kennedy Jr. It aims to usher in a new era of global finance by encouraging investments and encouraging new ventures in the cryptocurrency space.
The Democratic candidate is a strong supporter of Bitcoin and blockchain technology.
In a speech in May, he emphasized his commitment to defending Bitcoin's right to self-storage, arguing that everyone should have the right to run a node in their home.
It also supports industry-independent regulation of energy.
Kennedy Jr. He believes that Bitcoin is not a security and should not be regulated as such by governments around the world.
The presidential candidate's proposals have the potential to significantly impact the cryptocurrency market and blockchain technology adoption in the United States.
By backing the US dollar with Bitcoin and encouraging investment in the cryptocurrency space, Kennedy Jr. envisions a thriving financial environment under his presidency.
*Not investment advice.