How to Buy Kennedy’s Secret Election Asset

There’s a reason RFK Jr. is “polling stronger than any third-party candidate has in decades,” according to the latest figures (May 14). And it’s not just the name recognition that comes with being a Kennedy.

This otherwise “longshot” candidate is gaining real traction with voters, particularly the under-30 crowd, with the help of Elon Musk’s 𝕏.

It’s part of a calculated plan by the billionaire tycoon…

Elon’s Revenge Move No. 2: Boost RFK Jr. as the Spoiler Candidate.

…to actively boost RFK Jr. as a “spoiler candidate” to siphon votes away from Biden.

You can see for yourself: On May 7, the X CEO shared an RFK Jr. election ad, “The Bobby Kennedy video Meta doesn’t want you to see,” putting it in front of his 184.9 million followers with two words: “Worth watching.”

And that’s just one example of how Elon is lending his support.

Check out this more recent exchange from May 21, in which Elon agreed to host a presidential debate for RFK Jr. after he was notably left out of the general election debate slated for June.

Elon's’ revenge plan is already working – so well, in fact, that the Biden camp is pouring money into stopping RFK Jr. as we speak.

This Biden vs. Elon War Is Years in the Making

This move didn’t come out of nowhere.

Biden has waged war on Elon through ongoing federal scrutiny that aims to limit the entrepreneur’s influence in various industries, from automotive to digital media.

• In 2021, Tesla was notably left out of a White House electric vehicle summit, signaling a cold shoulder to the leading EV manufacturer.

• After Musk took over Twitter and advocated for free speech, President Biden suggested that Musk’s dealings should be “looked into.” 

• The investigations ramped up from there – most recently culminating in a federal probe into whether Tesla misled investors and consumers about its self-driving technology. 

If Elon can prevent another four years of that, he will.

It’s not just a shared passion for free speech and innovation bringing these two influencers together. Elon and RFK Jr. both believe in putting financial control back into the hands of individuals through an open and accessible financial system that no longer relies on centralized intermediaries.

It’s a system called decentralized finance (DeFi), in which cryptocurrencies – like Bitcoin (BTC) – are the assets of choice.

The Unconventional Asset at the Center of the 2024 Election

The best cryptocurrencies provide a secure and transparent way to store and transfer value without the need for a trusted third party or intermediary. They are:

• Immune to being frozen and seized

• Censorship resistant

• Permissionless

• Decentralized

You may be starting to see why these two capitalists-at-heart would be so interested in owning their fair share.

Musk himself currently has hundreds of millions of dollars’ worth of BTC on his balance sheet. In fact, between Tesla (TSLA) and SpaceX, at Bitcoin’s current value ~$68,000, Musk’s BTC exposure surpasses $1 billion. According to blockchain analysis by the firm Arkham:

• Tesla Current Holdings: 11,509 BTC ($782M)

• SpaceX Current Holdings: 8,285 BTC ($563M)

Kennedy, on the other hand, has been one of the staunchest supporters of this “offbeat” asset on the campaign trail.

“I’m going to put the entire U.S. budget on blockchain so that any American— every American can look at every budget item in the entire budget anytime they want, 24 hours a day, ” Kennedy stated in April.

A Republican in office will surely be good news for cryptocurrency prices. Should Trump (or even RFK Jr. for that matter) come out on top, the U.S. Securities and Exchange Commission (SEC) and its chair (and noted crypto enemy) Gary Gensler would be among the first out the door. 

Here at LikeFolio, we have more conviction in Bitcoin than ever before.

In addition to its unique properties of being unhackable, anonymous, and able to be transacted over any distance in any amount quickly and cheaply, recent buy-in from institutional investors via ETFs has solidified Bitcoin’s role as a digital store of value—and the only store of value that has the number of units (denominator) permanently limited. They can print dollars and mine gold infinitely. But there will never be more than 21 million Bitcoin.

The great news is that the DeFi movement doesn’t depend on the outcome of the election. Consumers have already made up their mind – and interest is only gaining steam.

Mentions remain elevated by as much as 324% year over year. Blockchain technology and trading crypto buzz are trending higher, too. 

However, this election does create a critical window to get in on this alternative investment – before a Republican in office triggers a fresh rally in crypto prices.

So, let me show you how you can set yourself up for Bitcoin profits today…

How to Buy and Store Bitcoin

Step No. 1: Choose the Right Exchange

Of all the crypto exchanges out there, Coinbase (COIN) is by far the best choice for new and seasoned crypto investors.

It’s the only crypto exchange of its kind that’s publicly traded. And because its financial statements are audited by a Big Four accounting firm, it provides a level of transparency that no other crypto exchange is able to.

After the FTX collapse in early November 2022, followed by Binance’s more recent struggles (both former CEOs will soon be behind bars), transparency and accountability matter more than ever.

LikeFolio data proves that consumers increasingly report trust in the company, citing its regulation, compliance, and security protocols as main drivers of positive sentiment.

I use Coinbase myself, so I can tell you first-hand that opening an account with Coinbase is easy and only requires a few steps.

Simply head to coinbase.com or download the Coinbase app and click the “Sign up” button to get started. (Heads up: You’ll need a government-issued ID.)

Expect to fill out a form with your personal information, such as name, email address, and state. You’ll create a password, verify your account, answer another series of questions, including the last four digits of your social security number, complete the identity verification process (that’s where your ID comes in), and hook up a payment method to your account.

Then, it’s off to the races, and you’ll be able to buy BTC with just a few clicks.

But there’s another critical decision you need to make – and that’s where you plan to store your Bitcoin once you’ve purchased it.

Step No. 2: Choose the Right Crypto Wallet

Once you’ve bought some BTC, it’ll show up in your Coinbase account balance. But the fact is, your crypto isn’t really your crypto until you move it OFF of an exchange and INTO a self-custody wallet.

We saw what happened to all those folks who had their crypto stored on FTX when it went down. Sure, the same shouldn’t happen to Coinbase, but why risk it if you don’t have to?

Crypto theft is a very real issue, too. Hackers stole an estimated $1.7 billion in cryptocurrency last year.

Moving it to a wallet is the only way to secure your assets. And if you’re serious about investing in crypto, you need to do your due diligence.

There are two main types of crypto wallet:

• Hot wallets, aka online wallets (Coinbase offers one)

• Cold wallets, aka offline storage

Hot Wallets

Hot wallets are fairly easy to get started with – most are simply an app you can download to your PC or mobile device. As I mentioned, Coinbase offers a Coinbase Wallet available as a mobile app for iOS and Android devices, or as a browser extension for Google Chrome and Brave. It looks like this: 

These wallets are a relatively safe bet, but the fact that they’re connected to the Internet means they’re still prone to attacks.

Cold Wallets

Cold wallets take some setting up but are by far the safest option. They keep your digital assets offline, where only a unique private key can access them. These “cold wallets” look like USB drives and come in a few different brands such as Ledger, Trezor, and Exodus. Here’s what the Ledger Nano X looks like, as just one example: 

Do your own research to find the right option for you. Once you have your wallet, read the setup instructions extremely carefully. Most will urge you to set up your wallet in a safe, quiet place, where you won’t be interrupted, so take this seriously – and set aside an hour or so to get the job done.

Bottom line, if you lose the keys to your crypto, it’s gone forever.

Step No. 3: Prepare for Tax Season

Taxes. They’re unavoidable, even in cryptocurrency. So before you jump into the lucrative world of cryptocurrency investing, you’ll also want to familiarize yourself with how cryptocurrencies are taxed where you live.

Here in the States, cryptocurrency transactions are taxable, and if you don’t keep close track of your activity, you’ll be hurting come tax season. Trust me: Spreadsheets are your friend.

Best Practice Recap: 

• Buy Bitcoin on Coinbase

• Store it in a cold wallet for safekeeping

• Track your crypto transactions for tax season

How to Ride the Bitcoin Wave – Without Ever Touching Crypto

Owning Bitcoin is the single best way to invest in Bitcoin. But you don’t have to invest in Bitcoin directly to profit from it.

In fact, our system is sending a powerful bullish signal on what might just be the purest Bitcoin play outside of the currency itself: MicroStrategy (MSTR).

MicroStrategy isn’t your average tech stock. Sure, it daylights as a provider of an enterprise analytics software platform that helps users create visualizations, customize apps, and embed data analytics directly into workflows. But the company’s real bread and butter lies in its Bitcoin holdings.

MicroStrategy began aggressively accumulating Bitcoin in 2020 as part of its corporate treasury reserve policy. It now owns about 1% of all bitcoins in existence, which is Buy Bitcoin on Coinbase Store it in a cold wallet for safekeeping Track your crypto transactions for tax season more than any publicly traded company or country in the world.

Its founder, Michael Saylor, anticipates mass adoption over the next 10 years. This strategic maneuver positions MicroStrategy as a pivotal player in the digital asset revolution.

A Leveraged Play with Unmatched Upside

Think of MicroStrategy as holding an in-the-money call option on Bitcoin.

As Bitcoin’s value climbs, the intrinsic value of MicroStrategy’s holdings could skyrocket, delivering outsized returns.

This is not merely speculative; it’s a calculated bet on a digital asset that continues to demonstrate resilience and growing acceptance among institutions and investors alike.

But MicroStrategy’s strategy goes beyond passive holding.

The company is doubling down, leveraging its capital structure to acquire more Bitcoin as prices rise.

It’s an aggressive acquisition tactic that amplifies its exposure and potential upside, mirroring a reinvestment strategy that is common in high-stakes trading but rarely seen in corporate treasury management.

Pioneering New Frontiers in the Bitcoin Ecosystem

Beyond accumulation, MicroStrategy is poised to transform its Bitcoin holdings into a broader technological venture.

The company is uniquely positioned to pivot toward becoming a technology and service provider within the Bitcoin ecosystem. This could involve:

Blockchain Analytics:

Developing tools and services that leverage its vast Bitcoin holdings to provide analytics and insights, much Blockchain Analytics like how big data companies analyze consumer information.

Financial Services for Bitcoin:

Offering new financial products that could range from Bitcoin-backed loans to futures contracts or ETFs (exchange-traded funds), providing new liquidity options, and leveraging its holdings to backstop these financial instruments.

Consulting and Strategy Services:

Leveraging its first-mover advantage and the extensive experience of its leadership, MicroStrategy could offer consulting services to other enterprises looking to enter the Bitcoin space or develop their cryptocurrency strategies.

These new ventures could open up substantial revenue streams for MicroStrategy, driving both top-line growth and bottom-line profitability.

For investors, MSTR represents a chance to be part of a company that is not only exposed to the potential exponential growth of Bitcoin, but also could lead the charge in defining the business models that will harness this growth.

The Bottom Line

We’re not just bullish on Bitcoin; we see it as the dawn of a new era in finance. Few Americans understand or own this asset. But with this report, you now have the tools to Financial Services for Bitcoin Consulting and Strategy Services capitalize on the unprecedented opportunity ahead – and set yourself up for extraordinary gains, regardless of who’s in office.