RFK Jr. drops out of presidential race, while Trump takes lead on Polymarket

Kennedy is set to address the nation from Arizona on Aug. 23 and could potentially reveal more support for Trumps presidency.

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RFK Jr. To Buy 4 Million Bitcoin If Elected US President

Independent presidential candidate Robert F. Kennedy Jr. pledged to purchase 4 million Bitcoin for the U.S. government's reserves if elected. Kennedy outlined an aggressive plan to integrate Bitcoin into the national economy.

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Trump to end war on crypto if elected, says US will be crypto capital of the planet

The former and prospective United States president made the announcement at the Bitcoin 2024 conference in Nashville, Tennessee.

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US To Buy $619 Billion In Bitcoin If Kennedy Jr. Is Elected

During the industry day of the annual Bitcoin conference in Nashville, Tennessee, Robert Kennedy Jr., an independent candidate for the US presidency, unveiled an ambitious financial policy plan that could transform the United States into the worlds largest holder of Bitcoin. The policy centers on the strategic acquisition of Bitcoin, valued at $619 billion, to match the current US gold reserves. This move, according to Kennedy Jr., is aimed at redefining monetary policy and enhancing fiscal discipline within the federal government. Kennedy Jr. Vs. Donald Trump During a roundtable discussion with Scott Melker and Caitlyn Long, CEO of Custodia Bank, Kennedy Jr. emphasized the philosophical alignment between his policies and the Bitcoin community’s ideals of personal freedom, property rights, and governmental integrity. “This is more than about increasing the size of your pile,” Kennedy Jr. said, underlining Bitcoin’s potential to enhance self-sovereignty and counteract what he describes as a “destructive war economy” driven by fiat currency. Bitcoin is not only an offramp to this inflationary highway which is the highway to hell, but it also is a way of restoring integrity to our government. It’s a way of restoring personal freedoms, it’s a way the middle class can isolate itself from inflation which is just a form of government theft, the independent candidate stated. Related Reading: In The Works: Jersey City Mayors Plan To Introduce Bitcoin ETFs Into Pension Funds Kennedy Jr. drew a contrast between his consistent advocacy for Bitcoin and the recent supportive gestures from former President Donald Trump, who will speak at the conference on Saturday. Kennedy pointed out Trumps prior skepticism and his recent controversial decision to potentially appoint JPMorgan CEO Jamie Dimon as Treasury Secretary, which Kennedy criticized as contrary to the ethos of draining the political “swamp.” He added, President Trump also was connected with Steve Mnuchin who tried to end person-to-person Bitcoin transactions,” emphasizing the need for a cautious approach towards Trumps newfound enthusiasm for Bitcoin. Moreover, Kennedy Jr. detailed his plan to incrementally integrate Bitcoin into the US treasury. Starting with the issuance of treasury bills anchored to a basket of hard currenciesincluding platinum and goldKennedy proposed a phased approach that would begin with 1% of new treasury issuances backed by these hard assets, scaling up to 100% over time. US Would Need To Buy $619 Billion In Bitcoin I would be willing to add Bitcoin to the balance sheet. I’m going to do that. I’m gonna actually do a basket of hard currencies of maybe platinum and gold and other hard currencies and begin issuing at least the class of treasury bills that are anchored to hard currency. Let’s say the first year by 1% and then maybe the next year by 2% to watch how that goes because that will inject discipline into the product and ultimately get up to 100%, Kennedy Jr. explained. Related Reading: VanEck Predicts Bitcoin Price Could Hit $52.38 Million, Heres When Notably, his strategy would involve direct purchases of Bitcoin to achieve holdings equivalent to the US gold reserves. I would like to have the federal government begin to buy Bitcoin and over the term my term of office ultimately have an equivalent amount of Bitcoin that we have gold. Because Bitcoin is an honest currency, it’s a currency that’s based upon proof of work,” he declared. According to data by Arkham, the US government currently holds 213,239 BTC worth $14.3 billion confiscated through law enforcement. That means, even if Kennedy would transfer all of these into a strategic reserve, the US would need to buy much more BTC at current prices. The US currently holds the largest official gold reserves in the world, with 8,134 tons of gold valued at approximately $619 billion. To match this value with Bitcoin at current prices would require purchasing about 9.4 million BTC. This acquisition would represent nearly 45% of the total 21 million BTC that will ever be mined. For perspective, MicroStrategy, the largest corporate holder of Bitcoin, owns 226,331 BTC, and BlackRock, the largest spot Bitcoin ETF manager, controls 334,000 BTC. At press time, BTC traded at $66,976. Featured image from YouTube, chart from TradingView.com

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WATCH: Robert F. Kennedy, Michael Saylor to Speak at Largest Bitcoin Conference in Nashville

The Bitcoin 2024 conference continues today in Nashville with major keynotes from Michael Saylor, Cathie Wood, Edward Snowden, Robert F. Kennedy Jr. and other Bitcoin leaders speaking today.

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RFK Jr. promises BTC strategic reserve, dollar backed by hard assets

The presidential hopeful praised Bitcoin eloquently as a future support for the US economy and a way to fix broken American money and society.

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Direct client demand driving growth in BlackRock's Bitcoin ETF so far

BlackRock head of digital assets Robert Mitchnick talked ETFs with Bloombergs James Seyffart at Bitcoin 2024.

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Rich Dad, Poor Dad Author Predicts Bitcoin to Hit $350,000

Renowned author Robert Kiyosaki has predicted bitcoin will surge to $350,000 by August 2024, citing his lack of faith in current U.S. leadership and endorsing Bitcoin as an alternative.

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Robert Kiyosaki Confident Bitcoin Will Hit $350K By August 2024, Heres How

The financial guru attributed his confidence in the BTC prediction to the incompetence of U.S. leaders.

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$350,000 Bitcoin Prediction: Kiyosakis Bold August 2024 Forecast

In a bold prediction, renowned author Robert Kiyosaki, famous for his book “Rich Dad Poor Dad,” has forecasted that Bitcoin will reach a staggering $350,000 by August 25, 2024. Kiyosaki emphasizes that this is not a lie but rather a prediction, a form of speculation, and an opinion based on his analysis of current economic […]

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Rich Dad Poor Dad Author Reveals at What Price He Bought 30 BTC

Kiyosaki bought Bitcoin at this level based on a recommendation from Pal, an investor who believes BTC would soon enter the Banana Zone.

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Rich dad Robert Kiyosaki sees Bitcoin dip as buying opportunity

Robert Kiyosaki plans to buy more Bitcoin following its recent price drop to $58,400, viewing the dip as a buying opportunity.

The post ‘Rich dad’ Robert Kiyosaki sees Bitcoin dip as buying opportunity appeared first on Crypto Briefing.

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Robert Kiyosaki Says Hes Waiting To Buy The Bitcoin Dip

The Rich Dad Poor Dad author believes panic-selling at this time would be an employee thing to do.

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Bitcoin $350,000 Price by August? Kiyosakis Bullish Bet Defies Market Reality

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Rich Dad Poor Dad Author Reaffirms Bitcoin as Defense in Global War Caused by Greed, Insanity, and Fear

Robert Kiyosaki, author of "Rich Dad Poor Dad," has emphasized that Bitcoin remains a critical defensive asset in what he describes as a global war triggered by fear and greed.His message follows a significant development in the automotive industry as major Japanese carmakers such as Toyota, Honda, and Nissan are reportedly halting vehicle sales in the United States. https://twitter.com/theRealKiyosaki/status/1920421610235867314This decision, according to Kiyosaki, could result in mass unemployment and economic disruption in towns reliant on Japanese auto plants. He added that while U.S. manufacturers like Ford, GM, and Stellantis might gain from this development, they must respond swiftly. He drew parallels to broader geopolitical tensions, warning that currency wars often escalate into trade wars, which may ultimately lead to military conflict.Growing Threat of WarIn his statement, Kiyosaki linked the economic risks facing the United States to broader geopolitical dynamics, citing his own military experience during the Vietnam War. He refrained from specifying which potential conflict he referred to but expressed concern over rising international tensions. He highlighted the growing threat of war and emphasized the need for preparation, both economically and personally. His remarks centered on the idea that assets like Bitcoin could serve as financial protection in an increasingly volatile global environment.Can Bitcoin Be Defense in a Global War?Notably, Bitcoin has demonstrated strong performance through 2025, gaining over 50% in the past year and now nearing the critical $100,000 level. As of today, it is trading at $99,456, reflecting a 2.11% increase in the last 24 hours and a 3.52% rise over the past week. Despite brief volatility earlier in the year, the digital asset has shown resilience during recent market disruptions. Its recovery from a dip below $75,000 during tariff-related instability earlier this year supports Kiyosakis view, though no definitive link has been established between geopolitical risk and Bitcoins rally.Other Pundits Seeing Bitcoin as Hedge Against TurbulencePreviously, analysts from Citigroup acknowledged Bitcoins stable behavior amid financial stress, particularly in comparison to traditional assets. In an April report, Citigroup noted that Bitcoin had outperformed macro-based price expectations since early March. This performance occurred as equities and bonds faced heavy volatility. Notably, during the March 2023 Silicon Valley Bank crisis, Bitcoin remained stable above $21,000 and closed that month above $28,000. Similarly, in September 2023, amid rising U.S. bond term premiums, it maintained value, opening near $25,000 and ending slightly higher.

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Robert Kiyosaki Favors Bitcoin Over Gold, Citing Fixed Supply and Scarcity

Robert Kiyosaki has highlighted Bitcoins fixed supply as a key advantage over traditional assets like gold and silver. He emphasized that, unlike commodities, Bitcoins (BTC) capped limit of 21 million coins ensures predictable scarcity. Kiyosaki continues to support gold and silver but points to Bitcoin as a more controlled store of value. Bitcoins Fixed Supply […]

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Robert Kiyosaki: Bonds Are the Biggest Lie, Bitcoin Is the Future

"Rich Dad Poor Dad" author Robert Kiyosaki has called bonds the "biggest lie" and championed Bitcoin as a safer investment strategy.

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Buy Bitcoin, Ditch The Banks Before Its Too LateKiyosaki

Financial writer Robert Kiyosaki urges investors to consider assets like Bitcoin, gold and silver to protect their savings. He argues that these traditional forms of money are better shields against what he calls mounting financial risks. Kiyosaki has issued a fresh warning that an economic turmoil could be on the horizon. He points to the US departure from the gold standard in 1971 as the seed of ongoing instability. Related Reading: Analyst Drops Dogecoin Bombshell: 174% Surge To $0.65 In Sight Bitcoin: Signs From Past Crises According to Kiyosaki, the LongTerm Capital Management event in 1998 and the Wall Street crash in 2008 were early warnings. He says neither of those shocks caused the real problemthey merely hinted at deeper trouble. In his view, central banks patched holes by injecting cash, but they never fixed the underlying cracks. Those quick fixes run the risk of unravelling when debt levels get too high. In 1998 Wall Street got together and bailed out a hedge fund LTCM: Long Term Capital Management. In 2008 the Cental Banks got together to bail out Wall Street. In 2025, long time friend, Jim Rickards is asking who is going to bail out the Central Banks? In other words each Robert Kiyosaki (@theRealKiyosaki) May 18, 2025 Central Bank Limits Exposed Based on reports, Kiyosaki believes that printing money cant solve every financial headache. He warns that central banks may soon hit their limits. He points out that unlimited cash printing erodes trust in currency, making it hard for banks and governments to rely on the same old playbook. In his words, You cant borrow or print your way out of an endless pile of debt. That debt, he says, is growing every day. Student Loans As Potential Trigger According to the warning, US student loan debt ranks high on his list of danger signs. He sees it as a ticking time bomb that could trigger serious credit shocks. Hes not alone: Treasury Secretary Janet Yellen has said that widespread defaults could unsettle credit markets. Economist James Rickards shares the view, arguing that mass nonpayments may shake the financial system more than commercial real estate or corporate bankruptcies. Growing Interest In Bitcoin And Precious Metals Based on his comments, more people are eyeing Bitcoin, gold and silver as lifeboats. He notes that Bitcoins capped supply gives it an edge over fiat money, which can be printed in endless batches. He contrasts a fixed 21millioncoin limit with the unchecked growth of government debt. Gold and silver, with centuries of use as money, also win points because they cant be created by a keyboard. Related Reading: XRP 100x Gains Coming? The Future Is Closer Than You ThinkAnalyst What Investors Should Watch Kiyosaki suggests keeping an eye on three key signs: rising debt levels, growing numbers of loan defaults, and continued currency printing. He adds that a shift toward alternative assets is a crowd signalwhen more people start buying Bitcoin, trust in paper money falls. He reminds readers that no one can guarantee safety in cash; history has shown that hard assets often hold value when paper money weakens. Featured image from Pexels, chart from TradingView

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Robert Kiyosaki recommends trading in fake money for Bitcoin, gold, and silver

Robert Kiyosaki, the American businessman and author of the famous financial self-help book “Rich Dad Poor Dad,” has recently shared his views on alternative investments like Bitcoin, gold, and silver. In a recent interview, Kiyosaki expressed his belief that these assets are important to protect oneself against the devaluation of fiat currencies, which he refers [...]

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Robert Kiyosaki Drops Bombshell Bitcoin Insight in Market Turmoil

As Wall Street reels from one of the biggest market crashes in recent history, Rich Dad Poor Dad author Robert Kiyosaki has stepped forward with a bold message: I told you so. In a candid and urgent statement, Kiyosaki pointed to a prediction he made in his book Rich Dads Prophecy warning of a […]

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