Robert Kennedy Jr. Hails Bitcoin as a Hedge Against Inflation and Debt
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Robert F. Kennedy Jr., often referred to as RFK Jr., has made headlines with his enthusiastic support for Bitcoin, describing it as the "currency of freedom."
His remarks came as he backed Howard Lutnick, CEO of Cantor Fitzgerald, for the role of U.S. Treasury Secretary under President-elect Donald Trump. RFK Jr., nominated by Trump to lead the Department of Health and Human Services, has long been a vocal Bitcoin advocate.
Kennedy highlighted Bitcoin’s value as a safeguard against inflation and a solution to economic challenges. He referred to it as a means for middle-class Americans to counter the declining value of the U.S. dollar and navigate the nation’s mounting debt. He has consistently praised the cryptocurrency as a tool for financial independence and a buffer against traditional monetary instability.
Kennedy also expressed confidence in Howard Lutnick’s potential to champion Bitcoin-friendly policies if appointed Treasury Secretary. The ongoing debate over Trump’s choice for the role has seen varying predictions, with Polymarket data showing Lutnick’s chances rising to 34%, just behind Scott Bessent at 38%.
Additionally, RFK Jr. has previously called for the U.S. to establish a strategic Bitcoin reserve as part of a broader plan to address the national debt crisis. As a long-time Bitcoin investor, he aligns with similar proposals from international leaders like Poland’s presidential candidate Slawomir Mentzen, who has also endorsed the idea of national Bitcoin reserves.
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