{"id":134217,"date":"2024-07-27T14:00:25","date_gmt":"2024-07-27T11:00:25","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=134217"},"modified":"2024-07-27T13:02:31","modified_gmt":"2024-07-27T10:02:31","slug":"here-is-kennedys-bold-plan-to-integrate-bitcoin-in-the-u-s-economy","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/here-is-kennedys-bold-plan-to-integrate-bitcoin-in-the-u-s-economy\/","title":{"rendered":"Here is Kennedy&#8217;s Bold Plan to Integrate Bitcoin in the U.S. Economy"},"content":{"rendered":"<p>Kennedy\u2019s primary proposal involves daily purchases of <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>to bolster the nation\u2019s financial stability. He suggested reallocating the 204,000 Bitcoin currently held by the Justice Department and U.S. Marshals to the Federal Reserve.<\/p>\n<p>Kennedy views Bitcoin as a key asset that could enhance the U.S.\u2019s global economic position. His plan includes the Treasury Department buying 500 Bitcoin each day until the reserve reaches 4 million BTC, potentially valuing the reserve in the \u201chundreds of trillions of dollars.\u201d<\/p>\n<p>Additionally, Kennedy proposed making Bitcoin-to-dollar transactions nonreportable and nontaxable to encourage \u201ctransactional freedom\u201d akin to free speech. He also wants Bitcoin to qualify for real property exchanges under the 1031 Exchange program to spur economic growth.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-134185\" href=\"\" title=\"\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\"><\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>Kennedy criticized the current fiat currency system for its role in funding wars, suggesting that a Bitcoin standard could limit such conflicts since Bitcoin cannot be produced at will.<\/p>\n<p>For national security, Kennedy plans to involve Space Force Major Jason Lowery, who advocates for Bitcoin as a \u201ccyber-defense system\u201d and a means of exerting \u201csoft power\u201d on the global stage.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>At the Bitcoin 2024 conference, Robert F. Kennedy Jr. outlined a bold vision for integrating Bitcoin into the U.S. economy if elected president.<\/p>\n","protected":false},"author":3,"featured_media":134218,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72,243],"coin_category":[],"class_list":["post-134217","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-federal-reserve"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Here is Kennedy&#039;s Bold Plan to Integrate Bitcoin in the U.S. Economy<\/title>\n<meta name=\"description\" content=\"At the Bitcoin 2024 conference, Robert F. 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