Small Robert Kennedy: Trump may announce a plan to establish a 1 million Bitcoin strategic reserve at the Bitcoin conference.

Odaily Odaily News: US presidential candidate Robert F. Kennedy Jr. said at a Bitcoin conference in Nashville that if he is elected president, in addition to establishing a reserve of 4 million Bitcoins, he also promised to issue an executive order to make transactions between Bitcoin and the US dollar unreportable and taxable. He also plans to make Bitcoin a qualified asset for 1031 real estate exchanges. Kennedy said that his first-day executive order will instruct the Department of Justice and the US Marshals to transfer about 200,000 Bitcoins currently held by the US government to the Treasury Department and designate them as strategic assets. Kennedy's plan includes backing US debt with hard assets such as Bitcoin to stabilize the dollar and control inflation. He believes that using the scarcity and liquidity of Bitcoin, as well as gold and other hard assets, will restore the dollar's dominance in global finance. He also criticized the Federal Reserve's monetary policies, saying that these policies have led to wealth inequality and economic instability. He believes that backing the dollar with Bitcoin and other hard assets can hedge against inflation and enhance the value of the dollar, and also emphasizes the role of Bitcoin in protecting personal freedom. Kennedy is optimistic about the growing political support for Bitcoin, and his goal is to make the United States a global center for crypto innovation and investment. He also recognized former President Trump's recent verbal support for Bitcoin, and said that the growing interest of political leaders in Bitcoin is a good thing. He also revealed that Trump may announce the establishment of the "Bitcoin Fort Knox" plan in an upcoming conference speech and authorize the US government to purchase 1 million bitcoins as a strategic reserve asset. Kennedy expressed support for this potential move, hoping that Trump's commitment to Bitcoin will go beyond "political expediency" and that Trump and other political leaders can have a deeper understanding of Bitcoin's potential in protecting the US financial system and guarding against cyber threats. (CryptoSlate)