Robert F. Kennedy Jr – the nephew of former President John F Kennedy, who challenged Joe Biden for the Democratic nomination in the 2024 elections –believes cryptocurrencies like bitcoin could serve as lifeboats to individuals “when this bubble invariably bursts.”
He claimed that the Federal Reserve had collaborated with a number of leading banking institutions between 2008-2022 to print a colossal amount of money. According to him, this policy could trigger additional monetary imbalance in the future, outlining BTC as an asset that could grant individuals an “escape route” amid the eventual tumult:
“Cryptocurrencies like Bitcoin give the public an escape route from the splatter zone when this bubble invariably bursts. So the White House is colluding with the banksters to keep us all trapped in the bubble of profiteering and control.”
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