“My plan would be to start very, very small, perhaps 1% of issued T-bills would be backed by hard currency, by gold, silver platinum or bitcoin,”- RFK Jr.
For Immediate Release
RFK Jr. Announces Bold New Bitcoin Policy Positions Today After Heal-the-Divide Hosted Events, Bitcoin Leadership meetings at Freedom Fest
Heal-the-Divide launched its pro-RFK Jr. Super PAC at Freedom Fest, and was honored to feature Kennedy as their special guest as conference keynote speaker, guest at key meetings with free speech activists and Bitcoin leaders. The special events led to today’s announcement of two new policy initiatives, which will benefit free speech, privacy and the digital economy.
During FreedomFest, RFK Jr. met with key Bitcoin leaders, financiers and libertarians as he discussed his two new bold market-changing initiatives. In addition to hosting RFK Jr., Heal-the-Divide, the new PAC founded at the Bitcoin Conference 2023 by Bitcoin pioneers, digital media and tech pioneers, held its official launch event at the Elvis Presley Car Museum at Graceland, where its special guest RFK Jr. joined a fireside discussion on free speech with panelists Nadine Strossen, former president of the ACLU, journalist Matt Taibbi, and freedom activist Del Bigtree in front of a VIP Freedom Fest audience.
In his remarks, Democratic presidential candidate RFK Jr. stated that he was “so pleased to be among thousands of my fellow Americans at FreedomFest, who care deeply about civil liberties, free speech, and honest government” and expressed, “gratitude for the support of Heal-the-Divide, which shares my commitment to reclaim the common moral values that can unite our nation.”
At FreedomFest, Kennedy spoke with Bitcoin technology experts and shared his vision to ensure Bitcoin’s sustainability and support America’s role in its development. Heal-the-Divide also featured Kennedy as a special guest at a meeting today with over 200 Bitcoin investment fund partners and streamed to the public, where his message involving Bitcoin tax reforms , financial privacy and integration with the U.S. Department of the Treasury met with a celebratory response. It is clear that only Kennedy is the Bitcoin presidential candidate.
Kennedy’s plan will strengthen the US Dollar, by a proposed backing of U.S. Treasury bills, notes and bonds, with actual assets, including a combination of precious metals and Bitcoin. Kennedy discussed how after getting off the gold standard in 1971, the dollar has been in serious decline, eroding the savings and earnings of everyday Americans. This unbacked fiat dollar has been afloat by its use as the only accepted medium exchange for trading oil, and because of this reliance on oil to guarantee the dollar, Kennedy described how the U.S. engages in disastrous global wars to maintain its declining currency.
Kennedy described that backing dollars and U.S. debt obligations with hard assets could help restore strength back to the dollar, rein in inflation, and usher in a new era of American financial stability, peace and prosperity. Citing the importance of a strong dollar, his innovative strategy leverages the scarcity and liquidity of Bitcoin along with gold and other hard assets to restore the dollar’s dominance in the financial marketplace while solidifying Bitcoin’s sustainability, which is critical for citizens’ financial autonomy, freedom and privacy.
To ensure America leads in technical innovation, tech jobs, investments and supports the U.S. blockchain industry, Kennedy also boldly announced his intention to offer a tax incentive, as Germany, Portugal, Singapore, Hong Kong, and other countries are providing. Specifically for the U.S, Kennedy is proposing when Bitcoin holders exchange Bitcoin for the dollar, it will be a tax free event. This vision will not only help retain high tech investment and jobs in America, it will restore financial privacy for all Americans, because Bitcoin transactions will no longer be a tax reporting event to the IRS.
Kennedy noted this is not unprecedented. U.S. Congress provided a similar tax incentive to ensure America was the winner in online commerce during the 1990s, ensuring PayPal, Amazon, and eBay led the world in digital commerce over global competitors, and doing the same would provide the same benefits to the United States once again in the 21st century.
“We were proud to witness and listen to Kennedy’s extraordinary plan to restore America’s currency by capitalizing on the world’s first absolutely finite asset,” said Heal-the-Divide co-founder and Bitcoin Media CEO David Bailey. “His combined incentives could ensure America’s technological and economic leadership is maintained for centuries to come. Bitcoin’s decentralized technology could put an end to excess government spending, and ensure that no war or economic event could unwind the dollar’s strength—in stark contrast to consequences our nation faces due to the Federal Reserve’s money printing.”
Heal the Divide has been tracking RFK Jr. 's publicly proposed Bitcoin policies, in addition to today’s announced policies, listed below.
Ensure the right to Bitcoin self-custody, meaning that one’s wallet is one’s own;
Ensure the right to run nodes in one’s home;
Adopt a policy of industry-neutral regulation of energy to promote energy abundance for crypto operations;
Secure U.S. position as the global hub of cryptocurrency innovation, investment and technology, and will encourage Bitcoin mining as a means to incentivize greater investments in green and renewable energy production;
Clarify and enforce"sensible jurisdiction and governance," recognizing that Bitcoin is not a security and should not be regulated as one;
Consider pardoning Silk Road founder Ross Ulbricht and others like him, by quickly examining whether prosecutors and regulators are pursuing people for actual crimes or violations, or instead using prosecution as a means to crack down on Bitcoin and crypto adoption.
Stopping the federal government from usurping 1st Amendment rights for open-source privacy-enhancing technologies. Software code is free speech (‘96 Bernstein v DOJ);
Stopping bank regulators such as the FDIC, OCC and Federal Reserve from penalizing banks through operations such as Choke Point 2.0 for providing services to companies legally operating digital asset businesses.
Prevent the U.S. government from adopting a central bank digital currency due to its use as a tool for invasive surveillance and control
Heal the Divide chose FreedomFest as its own launchpad because its founders and organizers believe in the same historic, liberal, and democratic principles that Robert F. Kennedy Jr. and his family have represented for almost a century.
Heal the Divide believes true Democrats agree on protecting freedom of expression, and terminating the corruption and control of our political leaders and media industry by Big Pharma, Big Tech, Big Banks and the Military Industrial Complex.
More than anything else, Heal the Divide is united by Kennedy’s closing words as FreedomFest’s keynote speaker: “There’s a lot worse things than dying. And living like a slave is one of those.”
Paid for by Heal The Divide, Inc. PAC (www.HealTheDivide.com) and not authorized by any candidate or candidate’s committee.
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