Robert Kennedy Jr.'s four Bitcoin policies, including that BTC-USD transactions do not need to be reported or taxed to the IRS

US presidential candidate Robert Kennedy praised the role that Bitcoin could play in improving the US economy at the Bitcoin 2024 conference. He proposed a comprehensive reform of US monetary policy and added that BTC could restore the US economy to its pre-Nixon era. He promised to issue four executive orders related to Bitcoin if elected:

1. Consider the 204,000 Bitcoins held by the US as "strategic assets" and buy 550 Bitcoins every day;

2. Establish a reserve of at least 4 million Bitcoins, claiming that this would make the US a dominant economic power;

3. Make BTC-USD transactions exempt from reporting or taxation to the US Internal Revenue Service;

4. Allow BTC to be exchanged for real estate as a 1031-compliant asset.