White House Tech Advisor Tim Wu Keeps at Least $1 Million in Bitcoin
Tim Wu, top advisor to the Biden administration on technology and competition policy, holds more than $1 million in cryptocurrency, shows a recently filed financial disclosure. The antitrust expert, who is known as a prominent big tech critic, has in the past questioned the value of bitcoin. Top Biden Advisor Tim Wu Is a Bitcoin Millionaire U.S. President Joe Biden’s tech advisor, Tim Wu, is a millionaire in bitcoin, Politico wrote in article this week, quoting his personal financial disclosure. The declaration has been provided to the publication by the Brown Institute for Media....
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Tim Wu, a proponent of net neutrality serving the White House, has disclosed that he owns $1 million to $5 million in bitcoin.
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White House Chief of Staff Ron Klain says that the U.S. is not in a recession. “The economy is growing. It is strong,” he stressed. In addition, White House Press Secretary Karine Jean-Pierre said there are no meetings or anything happening in preparing for a recession. White House Dismisses Recession Concerns White House Chief of Staff Ron Klain, President Joe Biden’s top aide, shared his economic outlook in an interview with MSNBC Thursday. He said: We are not in a recession … Unemployment claims remain at a historical low … The economy is growing. It is strong.....
In a recent interview with Coindesk, former White House senior advisor John Farmer said he believes bitcoin as a currency is less interesting compared to blockchain. Although he concedes that the cryptocurrency deserves praise for uplifting the digital currency industry and bringing blockchain to the limelight, he maintained that blockchain technology has a bigger potential in transforming the world. John Farmer is currently working with Microsoft as the company's director of technology and civic innovation. He used to play the shortstop position for the Los Angeles Dodgers and has joined....