At the Bitcoin 2024 conference, U.S. presidential candidate Robert F. Kennedy Jr. praised the role bitcoin could play in improving the U.S. economy and proposed a comprehensive overhaul of U.S. monetary policy, adding that BTC could return the U.S. economy to its pre-Nixon state. He promised to issue four bitcoin-related executive orders if elected: Consider the 204,000 bitcoins held by the United States as a "strategic asset" and will purchase 550 bitcoins per day. 2. Build a reserve of at least 4 million bitcoins, claiming that this will give the United States economic dominance; 3. Make BTC-USD transactions free from reporting or taxation to the IRS. 4. Allow BTC to be exchanged for real estate as a 1031-eligible asset.