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RE: LeoThread 2024-07-26 01:08

in LeoFinance • 5 months ago

🧵 1. RFK Jr. proposes U.S. government buy $615 billion in Bitcoin, matching nation's gold reserves to establish Bitcoin-backed currency system. #crypto

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🧵 2. Kennedy envisions new U.S. Treasury bills anchored by gold, silver, platinum, and BTC, gradually shifting to full Bitcoin backing over time.

🧵 3. If implemented, U.S. would become largest Bitcoin holder, surpassing MicroStrategy and BlackRock, with potential for significant BTC investor benefits.

🧵 4. Kennedy plans for government to acquire 9.4 million BTC during his term, scrapping capital gains taxes on BTC to retain industry in the U.S.

🧵 5. Kennedy advocates for Bitcoin as an honest, decentralized currency, highlighting its alignment with democratic principles and proof of work system.