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Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead
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Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead

Senator Chuck Schumer: "Bitcoin Has Significant Potential"

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Last Updated: October 7, 2020 11:41 am
1 min read

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Schumer Bitcoin Tweet 19 NOV 13

The same man that was seemingly outspoken against Bitcoin back in 2009 is perhaps chaning his mind on just how useful Bitcoin is. His statement in 2011:

It’s an online form of money laundering used to disguise the source of money, and to disguise who’s both selling and buying the drug.

Now, the Senator has seemingly changed his stance, posting today on Twitter that “Bitcoin has significant potential.” Is the senator looking for Bitcoin donations, now that the FEC says it’s permitted?

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