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Robert F. Kennedy Jr., the son of former U.S. Attorney General Robert F. Kennedy and the nephew of former President John F. Kennedy, has disclosed his Bitcoin holdings in a recent financial report.
According to the report, which was filed on June 30, 2023, Kennedy owns between $100,000 and $250,000 worth of Bitcoin in a digital wallet. The report does not specify the exact amount or the date of purchase, but it indicates that Kennedy is one of the few prominent political figures who have invested in the cryptocurrency.
Kennedy is a lawyer, environmental activist and anti-vaccine advocate who has been vocal about his views on various social and political issues. He is also the founder and chairman of Children’s Health Defense, a nonprofit organization that opposes mandatory vaccinations and promotes alternative medicine.
Kennedy’s Bitcoin investment may come as a surprise to some, as he has previously expressed skepticism about the role of technology and corporations in society. In a 2019 interview with The Guardian, he said that he was “very distrustful of the internet” and that he believed that “big tech has become too powerful and too secretive”.
However, Kennedy may also see Bitcoin as a way to preserve his wealth and privacy in an uncertain and volatile world. Bitcoin is a decentralized digital currency that operates without the need for intermediaries or central authorities. It offers users a high degree of control over their own money and transactions, as well as resistance to censorship and inflation.
Bitcoin has also gained popularity among some celebrities, entrepreneurs and investors who see it as a store of value, a hedge against inflation and a potential global reserve currency. Some of the notable figures who have publicly endorsed or invested in Bitcoin include Tesla CEO Elon Musk, Twitter CEO Jack Dorsey, MicroStrategy CEO Michael Saylor, rapper Jay-Z, actress Maisie Williams and former boxer Mike Tyson.
As of July 9, 2023, one Bitcoin is worth about $45,000, according to CoinMarketCap. This means that Kennedy’s Bitcoin holdings are worth between $4.5 million and $11.25 million at the current exchange rate. However, Bitcoin is also known for its high volatility and unpredictability, so its price may change significantly in the future.
Kennedy has not commented publicly on his Bitcoin investment or his views on cryptocurrency in general. It remains to be seen whether he will continue to hold or sell his Bitcoin, or whether he will diversify his portfolio with other digital assets.
