CRYPTONAIRE
WEEKLY CRYPTO investment journal
Pro-Crypto PAC Giving $50 in Bitcoin to the Campaign of Each Member of Congress
If your elected representative to the U.S. Congress has never heard of cryptocurrencies, how do you start telling him or her about it? Hoping to raise awareness, the blockchain advocacy group Chamber of Digital Commerce’s Political Action Committee (PAC) wants to start by contributing $50 worth of bitcoin to the campaign of those running for re-election. Announced Monday, the advocacy group said under its new “Crypto for Congress” initiative members of the House of Representatives and the Senate running for re-election would receive campaign contributions in bitcoin. According to the group’s founder, Perianne Boring, this is an attempt to raise awareness and give members of Congress a chance to interact with blockchain technology and digital assets. In addition to the contribution, the Chamber’s PAC will also provide online training and a toolkit to help the incumbents engage with cryptocurrencies.
“One of the biggest challenges we’ve always had is people just really don’t understand what the heck it is we’re talking about,” said Boring. She added that letting Senate and House members interact with crypto assets through such an initiative could aid the group’s advocacy efforts for an industry that faces multiple public policy challenges such as taxation and regulatory jurisdiction. Read more...
Cryptonaire Weekly | October 6th 2020
28
+44 (0) 207 193 2931
