Day 2 - BTC Nashville 2024 - RFK speech

RFK- the 3rd party presidential candidate speech at Bitcoin Nashville was inspiring! The full speech may be viewed at this link and listed below are some important points he made:

Transfer 200k of bitcoin we have now to treasury as a strategic reserve

Instruct the Treasury to buy 550 daily until USA has 4 million bitcoins

Will have the IRS issue guidelines for Bitcoin and US dollar to be non reportable

IRS will be instructed to allow Real estate investors who use the 1031 exchanges for buying in kind real estate with proceeds from a sale to do the same with Bitcoin. (I consider this a favorable and easy to implement approach since the code already exists and would align with crytpo assets like Bitcoin being treated as Digital propery)

CBDC's are not going pass as it woould allow the Fed to evolve itself into a tyranny (His point is well taken as CBDCs would be akin to your credit card company sharing your specific purchases and then allowing the government to make decisions based off those)

Bitcoin is a cyber defense weapon (Not sure how to explain this one- would recommend more research)