Congressman Patrick McHenry: 'Bitcoin Will Be of Enormous Value' - Ep.142
Unchained
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The Digital Currency Debate
This chapter delves into the contrasting potentials of decentralized cryptocurrencies like Bitcoin and government-backed digital currencies, emphasizing the need for U.S. innovation in the digital currency space. The discussion addresses the urgency for the U.S. to adapt to global competition, particularly with the rise of China's digital currency, and advocates for proactive policymaking. It highlights the importance of educating policymakers about digital currencies and discusses legislative efforts to clarify their regulatory status.
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