Allan Stevo, US Senator Cynthia Lummis (R-WY) and Rep. Warren Davidson (R-OH) discussed their ideas for bringing innovation to America.
This conference session was held on June 4th and 5th on the first day of the Bitcoin 2021 conference in Miami. Now, make sure you remember day two for the Bitcoin 2021 YouTube livestream. Experience the # Bitcoin2021 party from anywhere in the world by joining our chat on Telegram and subscribing to our newsletter to keep up to date with the latest Bitcoin news and all happenings at Bitcoin 2021.
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In this Bitcoin 2021 conference speaking session, the conference had the pleasure of welcoming two U.S. government officials, Senator Cynthia Lummis and Rep. Warren Davidson, alongside Allan Stevo, author of the Bitcoin Manifesto. They discussed “Bringing Bitcoin Innovation Home To America” and what they can do to attract investors and entrepreneurs to their country and protect their investments.
“If we don’t protect private wallets, someone will try to ban them … I wish people were just as persistent in protecting the right to privacy as they were on the second amendment, the right to carry guns,” warned Rep. Davidson. His warning resonated with a group that vigorously defended the right to privacy.
Senator Lummis spoke of a possible Bitcoin-backed reserve currency; “It is important that Bitcoin underpins the US dollar as a store of value, just as gold used to be.”
Although this idea and many of the others discussed are not fully accepted by Bitcoiners who generally do not accept the government, it was extremely interesting to hear from two policy makers.
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.