It’s no secret that lobbyists and special interests groups can move mountains in the U.S. government, or any government for that matter. No interest group seems to be better banked than that of the financial institutions and U.S. Rep. David Schweikert , R.-Arizona has requested that experts and enthusiasts alike contact and educate their elected representatives in the U.S. to get them on the right side of history before well-funded lobbyists on the sides of terrified banks get their hooks in to stop the progression of blockchain technology. A Select Few Washington Insider Blockchain Advocates
Speaking at the D.C Blockchain Summit which took place at Georgetown University’s McDonough School of Business on March 3rd, Rep. Schweikert spoke to an audience that varied from private blockchain and Bitcoin entrepreneurs to other Federal Government officials as well as with high-level finance executives and pundits.
Rep. Schweikert can be considered one of the more forward thinking individuals in Congress as he is, at least, asked some inquiring questions in the past regarding Bitcoin back in 2014. What seemed to be fear and apprehension on his part just 2 years ago has seemed to turn into somewhat of a passionate stance towards making sure that blockchain technology, the backbone of Bitcoin’s inner workings, is proliferated as far and wide as possible. With so much corruption, waste and still such massive profits in the financial markets, blockchain could be a severe disruption to a very well cloaked industry. Why Knowledge of Blockchain Technology Must Spread
The United States of America’s Congress and Senate can be categorized in a lot of ways in how they relate to a fast changing world. Reactive versus proactive is certainly one way that would describe how these elected officials approach emerging trends and technologies. With the hype behind […]
