"As U.S. Presidential candidates Donald Trump and Robert F. Kennedy Jr. appealed to the Bitcoin community for votes, the right-leaning Big Tech bro’s sunk their claws further into the once potentially revolutionary project.

Former President Donald Trump and Independent Presidential candidate Robert F. Kennedy, Jr courted voters at the BTC Nashville Conference this past weekend. Both men made promises to change the Biden administration’s policy of criminalizing elements of the cryptocurrency industry.

Kennedy said as president he would sign an executive order directing the Department of Justice and the U.S. Marshals to “transfer the approximately 200k Bitcoin held by the U.S. government to the U.S. Treasury where it shall be held as a strategic asset”. Kennedy said he would also direct the U.S. Treasury to purchase 550 Bitcoin daily in an effort to put the U.S. in a “position of dominance that no other country will be able to challenge.”

Trump received a roar of applause and cheers when he called for the firing of Gary Gensler, Chair of the U.S. Securities and Exchange Commission. The former president proposed creating a national Bitcoin “stockpile” that he would “transform” into a “permanent national asset to benefit all Americans”.

The irony of both Trump and Kennedy’s proposals is that the U.S. government’s current Bitcoin reserves have come from arrests of individuals involved in the Bitcoin space. Trump acknowledged this fact, stating, “Most of the Bitcoin currently held by the United States government was obtained through law enforcement action.” "

Read more here: https://www.thelastamericanvagabond.com/btc-trump-rumble/

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