Peter Schiff Criticises Robert Kennedy’s BTC Buy Plan If Elected The President

The post Peter Schiff Criticises Robert Kennedy’s BTC Buy Plan If Elected The President appeared first on Coinpedia Fintech News

In a bold declaration at the Bitcoin Conference 2024, Robert F. Kennedy Jr. announced that if he is elected the President, he would sign multiple executive orders on his first day in office to integrate BTC into the U.S. economic strategy. He announced the inception of a Bitcoin reserve if elected and claimed that the U.S. government would buy 550 BTC daily under his leadership. However, Peter Schiff criticized this labeling Kennedy’s plan as a ‘vote-buying’ strategy. He suggested that the candidate is attempting to attract BTC enthusiasts by promising to use taxpayer funds to buy Bitcoin and eliminate income taxes on Bitcoin gains.

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