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Bitcoin Comment from U.S. Deputy

Warren Earl Davidson, a member of the US House of Representatives from Ohio's 8th Congressional District, participated in the 176th episode of the

Bitcoin Comment from U.S. Deputy
Yazar: Elif Dinçer

Yayınlanma: 10 Haziran 2020 17:06

Güncellenme: 12 Kasım 2024 13:26

Warren Earl Davidson, a member of the US House of Representatives from Ohio's 8th Congressional District, participated in the 176th episode of the "Unchained" post, released on 9 June. In an interview with Laura Shin, a Bitcoin comment came from the U.S. lawmaker who spoke about cryptocurrencies.

“When We Met With Bitcoin, We Realized That It Is A Very Elegant Solution”

The question about how he entered the Bitcoin and cryptocurrency world, Warren Earl Davidson stated that he owned a group of manufacturing companies before becoming a congressman: “I started to deal with Bitcoin before. You know, we made a lot of international payments in production and there are problems with payment systems that people know. For example, we were encountering many problems when we wanted to send direct to China. This led us to deal with DigiCash and other things. When we met Bitcoin, we realized that it was a very elegant and smooth solution. ”

“BTC is an Excellent Value Store”

Commenting on the coronavirus and US financial incentive measures in the later part of the postcast, Davidson said: “If you have a central bank, they believe that you will keep printing money constantly. This is not what history shows. You can put everyone's money down. People in the crypto industry and of course Bitcoin fans will see the wrong argument about it. I personally see Bitcoin like digital gold against a real currency. I think it's a big store of value. ” Davidson answered the question about whether BTC holds or not, as follows: “I personally don't own BTC. I think it would not be appropriate for me to do this given that I am a vocal protector and vocal about the crypto space. ”
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