George23 on Nostr: R. Kennedy wants to back the dollar to bitcoin Democratic presidential candidate ...
R. Kennedy wants to back the dollar to bitcoin
Democratic presidential candidate Robert Kennedy has outlined the policies he will implement regarding Bitcoin if elected president.
Bitcoin backed dollar…
Kennedy made two shocking promises at an event hosted by Heal-the-Divide PAC.
First, the capital gains tax on the conversion of bitcoins to dollars will be abolished. Admitting that such a tax exemption was not in his philosophy, JFK's nephew nevertheless realized that it would attract capital and talent.
The aim is not to leave the spotlight on countries like Switzerland, Singapore, Portugal or Germany. Remember that Germans don't pay capital gains tax when they hold their bitcoins for more than a year.
"Untaxed events are not reportable, which means that it will be more difficult for governments to use the currency as a weapon against free speech, which, as many of you know, is one of my main goals. »
Another shocking statement:
“The Kennedy administration will begin backing the dollar with assets such as gold, silver and bitcoin, the rarest liquid asset in the world. This will strengthen the dollar and ensure that its success as the world's reserve currency continues. »
"My plan would be to start very, very little, maybe 1% of the T-bills issued would be backed by gold, silver, platinum and bitcoin," he added, hinting at his intention to reconnect with the Gold Standard.
A wise decision, as it is clear that the BRICS have no intention of tolerating the United States printing paper to buy raw materials any longer. The same is true for oil-producing countries such as Iran, Saudi Arabia, and the United Arab Emirates.
Kennedy also reiterated commitments already made to Bitcoin during a speech at the Bitcoin 2023 conference in Miami. Namely, that no one can be afraid to hold their own bitcoins and run a node.
Bitcoin entered the US presidential election debate. There is no way back...
Democratic presidential candidate Robert Kennedy has outlined the policies he will implement regarding Bitcoin if elected president.
Bitcoin backed dollar…
Kennedy made two shocking promises at an event hosted by Heal-the-Divide PAC.
First, the capital gains tax on the conversion of bitcoins to dollars will be abolished. Admitting that such a tax exemption was not in his philosophy, JFK's nephew nevertheless realized that it would attract capital and talent.
The aim is not to leave the spotlight on countries like Switzerland, Singapore, Portugal or Germany. Remember that Germans don't pay capital gains tax when they hold their bitcoins for more than a year.
"Untaxed events are not reportable, which means that it will be more difficult for governments to use the currency as a weapon against free speech, which, as many of you know, is one of my main goals. »
Another shocking statement:
“The Kennedy administration will begin backing the dollar with assets such as gold, silver and bitcoin, the rarest liquid asset in the world. This will strengthen the dollar and ensure that its success as the world's reserve currency continues. »
"My plan would be to start very, very little, maybe 1% of the T-bills issued would be backed by gold, silver, platinum and bitcoin," he added, hinting at his intention to reconnect with the Gold Standard.
A wise decision, as it is clear that the BRICS have no intention of tolerating the United States printing paper to buy raw materials any longer. The same is true for oil-producing countries such as Iran, Saudi Arabia, and the United Arab Emirates.
Kennedy also reiterated commitments already made to Bitcoin during a speech at the Bitcoin 2023 conference in Miami. Namely, that no one can be afraid to hold their own bitcoins and run a node.
Bitcoin entered the US presidential election debate. There is no way back...