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Home Cryptocurrency news

Jared Polis Co-Hosts Bitcoin Demo Capitol Hill Educate Lawmakers

newsbtc by newsbtc
7 years ago
in Cryptocurrency news
Reading Time: 2min read
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Congressman Jared Polis is no stranger to bitcoin. The democratic Representative from the Second District of Colorado has long stood up for the idea of bitcoin and digital currency, even going to far as to welcoming Robocoin to the nation’s capital to show off their bitcoin ATM.

Capitol Building USANow, Polis is co-hosting an event on Capitol Hill designed to demonstrate the machinations of bitcoin to the country’s lawmakers from some of the best and brightest in the industry.

BetaBeat reports that major bitcoin companies like Coinbase and BitPay will be engaging with members of Congress at the Rayburn House Office Building on Independence Avenue with the sole intent of getting the people responsible for making laws to understand and perhaps even embrace the digital currency.

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These companies will reportedly be joined by other companies like Expedia that have started accepting bitcoin in order to show that bitcoin can indeed be incorporated into many business models safely and securely.

Polis told BetaBeat:

[blockquote style=”2″]This demo day will allow Members of Congress who may not be as familiar with digital currencies to ask experts in the field questions about their potential, how they work, and the appropriate role for government to play in their development.[/blockquote]

As we all know, members of Congress aren’t exactly the most tech savvy, but if the community can come together with patience and show them that bitcoin isn’t the currency of criminals, they may be more than will to help pave the way to widespread adoption.

[textmarker color=”C24000″]Source[/textmarker] BetaBeat [textmarker color=”C24000″]Image[/textmarker] Brandon Harper/Wikimedia

Tags: bitcoindemocongressmanFeaturedjaredpolisNews
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