10 sats \ 1 reply \ @Cje95 OP 16h \ parent \ on: Breaking down House Financial Services Committee Democrats Anti Crypto Mixer Leg bitcoin
AOC wants a CBDC yesterday lol
Thats one of the big reasons I got into blogging/posting is to sort of bridge the gap between what I see on the hill and the community! I have another post I am working on about crypto leg headed to the House Floor for votes soon. I just need to hash out more of the details!
One thing that I have realized is that on the hill the biggest issue facing honestly anything nowadays is an extremely poor lack of understanding of underlying technology. While I know most people will point to a Member's age and blame that at its core it's the staffers who more often than not are the issue. When I first started interning in 2021 the first thing that stuck out to me was age did not matter when it came to not knowing something. You could have a PhD in Fusion Science stuff and not have a clue how a computer works beyond just the turn it on and go.
There have been several times I have seen 50-60-year-old Members fix whatever tech issue is going on because these 22/23-year-olds coming out of college don't have the critical thinking skills to figure this out. The key to any good/useful politician is their staff and here is the issue. People will care about one topic like the environment or healthcare and not care to learn about what is going on in commerce for instance.
I have seen this start to change over the last couple of years. In particular, the House Financial Services Committee has hired people that whose whole knowledge base is blockchain and crypto. These people are then guiding the Committee and disseminating their knowledge to Members and Member staff. So the overall knowledge and understanding of what this whole system is finally starting to make gains.
I am not sure what your idea of a bitcoiner is. If it is one that really emphasizes BTC is the solution and the only future then no there is no true bitcoiner in Congress. What I have been watching emerge though is more in the ally's realm. These are Members like Patrick McHenry, Richie Torres, and others who are in the space of look let's put some minimal guardrails up to prevent/address blatant fraud but really let people participate in this market.
Within the House side of things, there seem to be many more Members from both sides who think this way. It really is a select few that are the ones consistently raising issues with crypto and funny enough a ton of those people have dropped crypto now entirely and are raging against AI and its energy usage.
Because at their core Members not only have to believe in the USD strength but also have to acknowledge the control of it since they are the ones passing laws and programs that are spending enormous sums of money I don't see how a true bitcoin believer really could do that while also balancing the dollar side of things if that makes sense.
Lol posting about baseball is a little rough for me right now since my Astros are playing like the Disastros!
I have ever had one interaction with Brad Sherman and it was during a single Committee hearing last Congress... I hope to never have to listen to his atrocious line of questioning again. He asked the most basic and honestly dumb things and I got second hand embarrassment from my colleagues on the other side
The fertility issues I am not sold on because not only are we pumping ourselves with all these other chemicals like birth control but ironically it is true that Moutain Dew can lower sperm count.... the whole fertility issue is so widespread at this point
Ive seen the stuff on cancer but like I said with all the stuff within the last 2 years even we have deemed carcinogens we crazy exposed ourselves and even ate/wore this stuff so it kinda balances out what the impact is to me.
mRNA was never supposed to stay local... not sure where you herd that but it is incorrect. Think about it its like the other vaccines they move they do not stay in one location it the point of them
Again... there is no evidence of this and as someone who is immunocompromised I am pretty sure my fellow immuno fucked people would be well aware since our families were the ones who took 3 and even 4
If you are worried about "turbo cancer" look at the food you eat and the water you drink cause that is hella fucked
That.... that isnt how those shots worked at all... the side effects were in late teens early 20 year old athletic men anyways
I think though since the biggest voting block is getting older and they are going to run into well.... either raising the age a couple years or getting their benefits cut in half the idea will become more acceptable. Its only going to be once their backs are up against a wall that they will bend and break
I dont think the Federal Government is allowed to invest in itself via bonds if that makes sense. The stock market sounds good but what if there was a crash in today's day and age? The government wouldn't have anything to fall back on at least a pile of cash has value in a depression
From what I understand there already is something along those lines already in law. Granted I think it is for the 0.01% like the Warren Buffets who are the affected ones because there is something about being able to make money and drawing on social security that essentially if you make to much money you don't get social security there is like a chart of diminishing returns if that makes sense