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RFK Jr. Says He Owns 21 Bitcoins, Talks Deep Commitment To Crypto

Julia Smith
Last updated: | 2 min read
RFK Jr. bitcoin, Consensus RFK, RFK Jr. crypto

Robert F. Kennedy Jr. (RFK Jr.) says he bought 21 bitcoins for his children after winning a $13 billion case against biotech giant Monsanto, the crypto-friendly U.S. presidential candidate said at Consensus 2024 in Austin, TX, on May 30.

RFK Jr. Bought 21 Bitcoins For His Children Following Legal Victory In 2018

An established attorney and longstanding crypto advocate, RFK Jr. spearheaded the 2018 legal case against Monsanto and ultimately proved that their well-known weed-killing product, Roundup, causes cancer.

“I used my fees in that case to buy Bitcoin for my kids,” RFK Jr. said while at Consensus 2024. “So I got three Bitcoins for each of my seven kids.”

Keeping the focus on his potential presidential policies, RFK Jr. claimed he had a “deep commitment” to backing cryptocurrencies, lauding El Salvador for becoming the first country in the world to valorize bitcoin as legal tender.

“I admire what El Salvador did,” he said. “I think we’re going to do it a little differently. We need to create a regulatory infrastructure that is designed for decentralized cryptocurrencies and Bitcoin.”

Calling the recently House-approved Financial Innovation and Technology for the 21st Century Act (FIT21) “a really good start” to crypto regulations, the third-party candidate cited both Singapore and Switzerland’s regulatory models as potential frameworks for digital asset policy in the United States.

If approved, FIT21 would create comprehensive crypto regulation in the U.S. and allow greater freedoms to companies currently in the blockchain sector.

Meanwhile, countries like Singapore and Switzerland have prioritized innovation in the sector by promoting cross-border policy collaborations, enhancing their growing reputations as hubs for digital assets.

RFK Jr. Stays Hush Over Trump’s Hush Money Trial

While fielding additional questions from attendees, the independent candidate refused to comment on Republican frontrunner Donald Trump receiving a guilty verdict in his highly-covered hush money trial on Thursday.

“I’ve been disciplined about not commenting on the court cases and talking about issues that I think are of deep concern to Americans,” he said.

He did state that he was “happy” that other candidates like Trump were speaking out in favor of digital assets on the campaign trail.

“I hope President Biden does it too,” he added.

Currently, Trump and President Joe Biden are nearly tied in the race to the White House, with each receiving about 40% of votes.

RFK Jr. remains trailing behind at 8%, a small but not insignificant percentage for a third-party candidate.

Consensus 2024

Cryptonews reporters Rachel Wolfson and Matt Zahab are on the ground at Consensus 2024. Taking interviews from industry leaders and pioneers as well as prominent analysts, they bring you the latest updates from one of the biggest crypto events globally.

You can check out Rachel Wolfson’s full interview with David Schwartz below: