Trump gets upstaged by RFK Jr’s claims of ‘Bitcoin Fort Knox’

The cryptocurrency group has anxiously been awaiting a speech by Donald Trump on Saturday, however his opponent Robert F Kennedy Jr might have stolen Trump’s thunder by asserting that the previous president is contemplating the creation of an enormous authorities reserve of Bitcoin ought to he return to the White Home. “I perceive that tomorrow President Trump might announce his plan to construct a Bitcoin Fort Knox and authorize the US authorities to purchase 1,000,000 Bitcoin as a strategic reserve asset,” Kennedy instructed the Bitcoin 2024 convention in Nashville on Friday, a day earlier than Trump was scheduled to talk on the identical occasion.The Trump marketing campaign didn’t reply to a request for remark.
Kennedy instructed the convention that he would go even additional than Trump if he is elected: He would signal an government order on his first day in workplace directing the Treasury to purchase Bitcoin day-after-day.
Fiercely towards social media platform TikTok, cryptocurrency Bitcoin and electrical vehicles throughout his presidency, Trump has lately flip-flopped on a number of points which are pricey to Silicon Valley.
Here is the most recent: “I like Elon Musk, I like him,” Trump shouted Saturday throughout a marketing campaign rally in Grand Rapids, Michigan, a state that’s dwelling to many US automakers. “I am continuously speaking about electrical automobiles, however I do not imply I am towards them; I am all for them,” he mentioned, including that the vehicles are usually not for everybody.
Since a legislation is in place to ban TikTok, until it’s offered, Trump has reversed course on it too. “Now (that) I am eager about it, I am for TikTok, since you want competitors,” he lately instructed Bloomberg. His newfound love for crypto is a big shock, and it seems to stem from a perception, expressed to Bloomberg, that “if we do not do it, China goes to determine it out — or any person else.”