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Robert Kennedy Jr. bought 14 BTC for his children

  • In addition, he called bitcoin the currency of freedom.
  • Robert Kennedy Jr. also accused banks of being under political pressure.

United States presidential candidate Robert Kennedy Jr. has once again come out as a supporter of bitcoin. During an interview with crypto investor and podcaster Scott Melker, the politician reiterated his stance on the first cryptocurrency and revealed that he purchased two bitcoins for each of his seven children.

During the conversation, he described bitcoin as the currency of freedom and said he became a crypto investor after the media began criticizing him for promoting bitcoin but not owning it himself. Kennedy noted that he bought the cryptocurrency after attending the Bitcoin 2023 conference in May.

“Now I own bitcoin, and I’m sure now they [the media] will find another way to rebuke me, but no one will say I didn’t back up my words with my money,” the politician added.

Kennedy and Melker also discussed the possibility that banks could close their customers’ bank accounts without warning. They suggested that political pressure may be behind the closure of Dr. Joseph Mercoli’s account.

Remember, in early July, Kennedy Jr. revealed that he owned a significant amount of bitcoins. As of June 30, the politician’s family held between $100,001 and $250,000 in the first cryptocurrency in a brokerage account, according to CNBC.

Later, Kennedy’s representatives responded to reporters that bitcoin belongs to the politician’s wife, Cheryl Hines. However, it later emerged that Kennedy Jr. himself had made the investment.

In an earlier speech at the Heal-the-Divide PAC event, the U.S. presidential candidate promised to eliminate capital gains taxes on virtual assets and issue bitcoin-backed bonds if he wins the election.

At the time of writing, the first cryptocurrency is trading at around $29,400, according to Coinmarketcap:

Bitcoin Price Chart. Source: Coinmarketcap