US Congressman Jared Polis Buys Bitcoin, Will Spend on Socks
After inviting bitcoin ATM maker Robocoin to give a presentation at Capitol Hill yesterday (8th April), US Congressman Jared Polis has become the first representative to buy bitcoin - in public, at least. Polis had asked Robocoin to demonstrate its two-way bitcoin machine to other members and officials unfamiliar with the practicalities of the technology. Showing just how easy it is to buy bitcoin using such a device, he put $10 into the ATM, receiving 0.02 BTC in return. According to CoinReport, Polis said some US politicians have little understanding of bitcoin and are therefore....
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Congressman Jared Polis Source: United States Congress. Representative Jared Polis of Colorado is known to be a friend to the bitcoin community. When Senator Joe Manchin wrote an angry letter trying to get bitcoin banned, Polis fired back with impressive timing asking for a ban of the U. S. Dollar while they were at it. At an event on Capitol Hill on Tuesday, Nevada-based Robocoin demonstrated their bitcoin ATM. The purpose? To help educate members of congress on the bitcoin technology. As for Congressman Polis: he's the proud owner of a small amount of bitcoin. Polis is reported to have....
Congressman Jared Polis wants to educate lawmakers about bitcoin. Colorado Democrat Jared Polis is certainly a huge proponent of bitcoin. About a month ago, Polis wrote a satirical letter to Congress calling for the immediate ban of the U. S. dollar. Senator Joe Manchin had urged the U. S. Treasury to ban bitcoin since it can be used in illegal transactions and offered some degree of anonymity. However, Polis noted that the same could be said about the U. S. dollar. “Dollar bills allow for anonymous and irreversible transactions…The U.S. Dollar was present by the truck load in Saddam....
Congressman Jared Polis Calls For U. S. Dollar Ban in Response to Sen. Manchin's Call to Ban Bitcoin
Congressman Jared Polis Source: Office of Congressman Jared Polis. In response to a recent demand from West Virginia Senator Joe Manchin for federal regulators to ban bitcoin, Congressman Jared Polis of Colorado has called for the United States Treasury to ban physical U. S. dollars. "I write today to express my concerns about United States dollar bills. The exchange of dollar bills, including high denomination bills, is currently unregulated and has allowed users to participate in illicit activity, while also being highly subject to forgery, theft, and loss," he wrote in his statement....
Hot on the heels of the FEC's decision to allow bitcoin contributions in politics comes an announcement from Jared Polis and his campaign for reelection to his Congressional office. According to his campaign committee, Jared Polis for Congress, Mr. Polis will begin accepting bitcoin donations/contributions effective immediately. "I am thrilled that the FEC has chosen to take a forward looking stance on digital currencies, recognizing the rights of individuals seeking alternatives to government backed currencies to participate in our democratic political process," said Polis. "Bitcoin, and....
Congressman Polis Bridges Gap Between Bitcoin Companies and Capitol Hill. U. S. Congressman Jared Polis took time out from his busy campaign schedule recently to meet with representatives, including CEOs, from nine digital currencies companies including itBit and Blockchain. Organized by the Washington, D. C. -based advocacy and education group Coin Center, the roundtable was an attempt to bridge the gap between the world of Washington and Congress and the world of fintech and digital currencies. Coin Center Executive Director Jerry Brito, who chaired the meeting, was happy with the....