On November 18th, Robert Kennedy Jr., a former US presidential candidate, emphasized the role of Bitcoin as a pivotal financial instrument for the American middle class. In his social media commentary, he highlighted Bitcoin’s potential as a hedge against inflation, asserting that it offers a protective layer for families navigating the economic uncertainties that plague traditional fiat currencies.
Kennedy pointed out that Bitcoin serves as a critical solution to the ongoing degradation of the US dollar as the dominant global reserve currency. By promoting this decentralized currency, he believes it could alleviate the burden of national debt, offering citizens an alternative to conventional financial systems. Such statements reflect a growing recognition of cryptocurrency’s role in maintaining economic stability amidst fluctuating markets.