Independent United States presidential candidate Robert F. Kennedy Jr. said at the Bitcoin Conference that, if he is elected president, he will sign an executive order instructing the Treasury to buy 550 Bitcoin per day until the US has at least 4,000,000 Bitcoin in reserve "and a position of dominance that no other country will be able to usurp." He said his aim is for the US to hold around 19% of the world's Bitcoin, which is the same as its current gold reserves.
Kennedy also said he would order the Department of Justice on the first day of his presidency to transfer the 200,000 Bitcoin held by the government to the Treasury, "where it will be held as a strategic asset." In addition, he would sign an executive order making transactions between Bitcoin and the US dollar non-taxable. He claimed these decisions would have a "cascading impact" that would eventually bring Bitcoin to a valuation of "hundreds of trillions of dollars."
