Independent presidential candidate Robert F. Kennedy Jr. announced plans to stabilize the U.S. dollar by establishing a strategic reserve backed by Bitcoin, speaking at the Bitcoin 2024 conference. He proposed using the government's 200,000 BTC holdings as strategic reserves and committing to daily purchases to reach 4 million BTC, equating to the U.S.'s 19% share of global gold reserves.
Kennedy also aims to sign an executive order to make Bitcoin transactions non-reportable and non-taxable.
Source: Cryptopolitan
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