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US Lawmaker Warns Treasury Secretary and Fed Chair Not to Ignore Bitcoin or America Will Fall Behind

US Lawmaker Warns Treasury Secretary and Fed Chair Not to Ignore Bitcoin or America Will Fall Behind



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  1. “I think they tried to ignore it to make it go away. I think Jamie Dimon will tell you that from the beginning he was wrong. This is moving toward the future. They should not ignore it.”

    I really hope that with the new administration things go well for crypto in the US.

  2. They shouldn’t ignore crypto in general, but acknowledging Bitcoin would be a great start. With major companies starting to get into the crypto scene it shouldn’t be too long until they catch up.

  3. tldr; Congressman Kevin McCarthy has urged Janet Yellen and Jerome Powell not to ignore bitcoin like they have been trying to do. “I think they tried to ignore it to make it go away. I think Jamie Dimon will tell you that from the beginning he was wrong. This is moving toward the future. They should not ignore it,” he said.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  4. Something like 94%of all bitcoin is held by less than 3% of the addresses out there. I don’t think bitcoin on its own will be disrupting the financial status quo as much as everyone is telling you. I think governments will treat btc like gold. There are reasons why it’s important right now, but we will have cbdcs everywhere by the end of the decade that will truly affect our daily lives

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