Kennedy’s Bold Plan: Backing the Dollar with Bitcoin for Global Stability

2024 presidential candidate Robert F. Kennedy Jr. recently made an interesting announcement: If elected, he plans to support the U.S. dollar via Bitcoin. Kennedy firmly believes that cryptocurrencies have the potential to bring stability to the U.S. dollar and reduce its dependence on foreign countries. This is due to the increasing acceptance of Bitcoin by institutions and countries around the world as it emerges as a new store of value and alternative to traditional currencies. Kennedy’s proposal to back the U.S. dollar with Bitcoin could have far-reaching consequences for the cryptocurrency market and the global value of the U.S. dollar.