Arizona Congressman Supports Blockchain 'Revolution' at DC Summit
Once viewed with fear and uncertainty by lawmakers, bitcoin and blockchain technology were heralded as innovations by US Congressman David Schweikert (R-AZ) at an industry conference yesterday. The inaugural DC Blockchain Summit, produced by industry trade group the Chamber of Digital Commerce and held in Washington, DC, saw Schweikert and Natalee Binkholder, deputy chief of staff for Congressman Mick Mulvaney (R-SC), speak openly about the technology for the first time. Representative Schweikert, in particular, presented an optimistic vision for blockchain, discussing how the technology....
Related News
Arizona Congressman David Schweikert, a member of the House Financial Services Committee, is to address a blockchain conference in Washington, DC, this March. For the Republican representative, who is also on the Joint Economic Committee, the DC Blockchain Summit will be the first time he has spoken before members of the bitcoin and blockchain community. The congressman has said he is a "strong advocate" for efficiencies in the modern economy, and likes to collaborate with entrepreneurs and innovators to increase trade and drive economic growth. The event is being organised by....
Many participants at the Revolution Banking 2016 event in Spain were interested in the Blockchain technology, which resulted in a lively discussion during the event Where is the blockchain heading? Whether the distributed ledger technology really has the potential to solve the issues currently faced by the banking and financial sector? These were some of the topics discussed in the last month’s Revolution Banking 2016 summit, which happened in Madrid, Spain on the 10th of May 2016. Revolution Banking 2016 was an event focused on new technologies, innovations, and collaborations in the....
With the advent of the cryptocurrency, Bitcoin, and the blockchain technology that supports it, our civilization stands at the threshold of a new, far-reaching technological revolution. The consequences of the all-encompassing and pervasive impact of these new technologies will be dramatic. In fact, the consequences will be so dramatic, that they will....
Congressman Gabriel Silva presented a Crypto Law project. Even though Silva’s profile picture has laser eyes, the congressman doesn’t even mention Bitcoin in the video with which he announces his accomplishment. Is this bullish for cryptocurrencies in general? Or is it another case of a politician trying to make a name for himself using buzzwords […]
Congressman Schweikert wants to know what Bitcoin means for the US dollar. In a recent exchange at a meeting for the Committee on Small Business, Congressman David Schweikert decided to ask the panel of distinguished guests about the possibility of Bitcoin as a long term threat to the US dollar. Although he admitted that this is nothing to worry about over the short term, the reality is that we don't know where we'll be ten years from now. Even if Bitcoin is not the cryptocurrency of the future, we could be facing a situation where some form of stateless money is eventually preferred over....