Posted 4/10/2024, 4:40:52 AM
McHenry Urges U.S. Leadership in Bitcoin Innovation to Shape Finance Future
- U.S. Rep. Patrick McHenry urges U.S. to lead in Bitcoin innovation to prevent ill-informed policies
- Emphasizes importance of lawmakers understanding Bitcoin and reading white paper
- Notes even China failed to stop Bitcoin's rise, calls it an "unstoppable technological force"
- Encourages U.S. to seize opportunity to shape future of finance and technology
- Comes as Bitcoin hashrate and mining profitability have significantly increased recently