US presidential candidate Robert F. Kennedy Jr. made a new Bitcoin promise. Kennedy, who has been supporting Bitcoin for a long time, attended the Bitcoin Conference last year and will attend this year, said that if he becomes president, he will take steps to buy Bitcoin as much as the country’s gold reserve.

‘We must decentralise’

Robert F. Kennedy Jr., a guest on Youtuber Scott Melker’s channel, made the following statements in his statement:

“Bitcoin is honest money. It’s a decentralised money that works on a Proof-of-Work system, where everything is written in the ledger. And that’s what we need for democracy… In my term, I will make sure that the state starts buying Bitcoin. I want this figure to eventually reach the amount of gold we have. If we want to strengthen our democracy, we must decentralise. Bitcoin is honest money because it is not controlled by anyone.”

$615 billion…

If the US buys as much Bitcoin as its gold reserve, as Kennedy promised, it needs to spend a total of $615 billion for this. This is approximately 9.4 million Bitcoins. If such a purchase takes place, the US will have about 45% of the entire BTC supply.

The institution that currently owns the most Bitcoin in the world is MicroStrategy with 226,000 BTC… BlackRock, which holds Bitcoin on behalf of its customers, controls 334,000 Bitcoins.

If the Bitcoin price appreciates further in the coming period, the number of BTC that can be bought with $615 billion may also decrease.

Although he initially tried to run for the Democratic Party, Robert F. Kennedy Jr., who later became an independent candidate, is also the nephew of John F. Kennedy, the former president of the United States, who was assassinated in 1963… Recently, another presidential candidate, Donald Trump, also survived the assassination by chance and returned from death.