Fun

News Feed - 2023-07-27 12:07:58

Tom Mitchelhill5 hours agoRobert Kennedy Jr. reveals buying 2 Bitcoin for each of his 7 children“I’m going to put my money where my mouth is,” the Democratic presidential candidate said as he doubled down on his support for Bitcoin.5501 Total views98 Total sharesListen to article 0:00NewsJoin us on social networksDemocratic presidential candidate Robert F. Kennedy Jr. has confirmed he purchased a significant amount of Bitcoin (BTC) earlier this year — buying two BTC for each of his seven children.


Speaking in a July 26 Twitter Space, Kennedy said the decision came after he received “a lot of criticism” from crypto industry pundits and the mainstream press in the wake of his pro-Bitcoin comments made at the Bitcoin Miami Conference in May.Live now discussing #Bitcoin with ⁦@RobertKennedyJr⁩ ⁦@Breedlove22⁩ ⁦@1MarkMoss⁩ ⁦@natbrunell⁩ and ⁦@MartyBent⁩ https://t.co/gx5a63SDOj— The Wolf Of All Streets (@scottmelker) July 26, 2023


Kennedy said he was critiqued for promoting a “volatile commodity” while not having any skin of his own in the game.“Right after that Bitcoin conference I got a big check and I said, okay, you know, I"m going to put my money where my mouth is and so I bought two Bitcoin for every one of my seven children.”


Kennedy has six biological children, four sons and two daughters ranging in age from 22 to 38.


Presumably, the seventh child comes from Kennedy’s most recent marriage to actress Cheryl Hines, who had one daughter before the pair married in 2014.BREAKING: Democrat Presidential candidate Robert Kennedy Jr. announces that he is a #Bitcoin holder.— Dennis Porter (@Dennis_Porter_) July 26, 2023


At the time of his speech at the conference — where he also announced that he would begin accepting campaign donations in Bitcoin — the candidate denied having any personal investment in the cryptocurrency.


“I am not an investor, and I am not here to give investment advice,” he said.


This marks the first time that Kennedy has admitted to owning the cryptocurrency, and lines up with a leaked financial disclosure that revealed the candidate had“between $100,001 and $250,000” worth of Bitcoin at the end of June.


However, if RFK Jr. had purchased a total of 14 Bitcoin for an approximate price of $26,800 in the days following the end of the conference, his total holdings at the end of June would’ve surpassed $380,000.


Related:RFK Jr. elaborates position on CBDC, crypto: ‘It isn’t just criminals who want privacy’


At the time of publication, the price of Bitcoin stands at $29,327, according to Cointelegraph price data, meaning that Kennedy’s investment is now worth a total of $410,000.


In the interview, Kennedy reaffirmed his plan to back the U.S. dollar with Bitcoin as well as making the asset exempt from capital gains taxes if elected President.This kind of thing partly explains the appeal of Bitcoin. Our freedom to transact and save should not be at the mercy of political enforcers. No payment platform should be allowed to discriminate against people for exercising their right to free speech.— Robert F. Kennedy Jr (@RobertKennedyJr) July 26, 2023


Saying that he sees Bitcoin as a vehicle for returning innovation to America, he added that any capital gains exemptions on Bitcoin conversions should only apply to smaller investors and businesses, as not to create huge windfalls for large companies like BlackRock and Goldman Sachs.


Collect this article as an NFTto preserve this moment in history and show your support for independent journalism in the crypto space.


Opinion:GOP crypto maxis almost as bad as Dems’ ‘anti-crypto army’# Bitcoin# Cryptocurrencies# Bitcoin Price# Adoption# United States# White HouseAdd reactionAdd reactionRelated NewsWhat are NFT royalties, and how do they work?ERC-20 inventor discusses origins, new blockchains, BRC-20 and moreHere’s what happened in crypto todayBitcoin price surge will come from retail, not institutions: Fireblocks CEOBitcoin bull run incoming: Binance CEO Changpeng Zhao reveals whenBitcoin rally will lead to "speculative blow-off top” in 2024, Mark Yusko predicts

News Feed

FTX Debtors Demand Return of Funds Given to US Politicians and Super PACs
FTX Debtors Demand Return of Funds Given to US Politicians and Super PACs FTX debtors are seeking to claw back millions of dollars given to U.S. political action committees (PACs)
Bitzlato Executives Arrested in Europe, Exchange Laundered €1 Billion, Europol Says
Bitzlato Executives Arrested in Europe, Exchange Laundered €1 Billion, Europol Says European law enforcement authorities have detained four more members of the team of crypto exc
Levels of consumer trust in crypto increasing: Report
Savannah Fortis9 hours agoLevels of consumer trust in crypto increasing: ReportConsumer trust in cryptocurrencies, notably Bitcoin, sees an uptick according to a recent Deutsche Bank survey, signaling evolving sentiments
French Connection Finance: FCF Pay Partners With 500+ E-Commerce and in-Store Merchants
French Connection Finance: FCF Pay Partners With 500+ E-Commerce and in-Store Merchants sponsored French Connection Finance (FCF) is a dividend generating cryptocurrency that runs o
Tom Blackstone2 hours agoStellar, PwC publish ‘framework’ to judge emerging market blockchain projectsStellar Development Foundation published a method for judging Web3 project effectiveness in Colombia, Argentina, K
CFTC Chair Insists Ether Is a Commodity, Not a Security as Claimed by SEC Chairman
CFTC Chair Insists Ether Is a Commodity, Not a Security as Claimed by SEC Chairman The chairman of the Commodity Futures Trading Commission (CFTC) has insisted that ether is a comm
Yashu Gola9 hours agoWhy is the crypto market down today?The crypto market is down today as traders assess the latest Curve Finance hack and the SEC"s potential to target all altcoins in the future.311059 Total views526
Pudgy Penguin sells 1M plushies, Donald Trump making ‘NFTs hot again:’ Nifty Newsletter
Prashant Jha5 hours agoPudgy Penguin sells 1M plushies, Donald Trump making ‘NFTs hot again:’ Nifty NewsletterPhysical versions of the popular Pudgy Penguin NFT collections are selling like hotcakes after a rocky sta
Ticket Marketplace Giant Ticketmaster Chooses Flow Blockchain for NFT Push
Ticket Marketplace Giant Ticketmaster Chooses Flow Blockchain for NFT Push This week, Ticketmaster Entertainment, Inc. revealed the company will give event organizers the ability t
Bitcoin price breaks above $66K — Has BTC flipped bullish again?
Zoltan Vardai4 hours agoBitcoin price breaks above $66K — Has BTC flipped bullish again?Bitcoin is back above $66,000 just days after the halving, suggesting that the drawdown period for BTC price may be over.1610 Tota
Value Locked in Defi Drops Below $200 Billion, April’s Dex Trade Volume Drops 21% Lower Than March
Value Locked in Defi Drops Below $200 Billion, April"s Dex Trade Volume Drops 21% Lower Than March While the crypto economy shed billions this week, the total value locked (TVL) in
Judge signs off on expedited schedule for Consensys suit against SEC
Turner Wright5 hours agoJudge signs off on expedited schedule for Consensys suit against SECWhile Judge Reed O’Connor granted the SEC an extension to respond to Consensys’ lawsuit, he also approved a timeline for con