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Former Ohio and Indiana Congressmen Lead Pro-bitcoin Push

Published 2023-04-26, 07:01 a/m
© Reuters Former Ohio and Indiana Congressmen Lead Pro-bitcoin Push
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Coin Edition -

  • Former Congressmen teams up to promote Bitcoin’s benefits through BPI Action.
  • The team aims to educate policymakers and the public about Bitcoin’s economic and social advantages.
  • Tim Ryan believes that Bitcoin and other digital innovations have the potential to create jobs and foster financial inclusion.

According to a recent report, former Congressmen Tim Ryan of Ohio and David McIntosh of Indiana are leading a non-partisan effort to promote the benefits of Bitcoin. The two former representatives will head BPI Action, an advocacy group tied to the Bitcoin Policy Institute to educate policymakers and the public about Bitcoin’s economic and social advantages and other digital innovations.

With their new roles, Ryan and McIntosh will spearhead a push to rally support for Bitcoin on Capitol Hill. The advocacy group they will lead will work to increase awareness of the advantages of using Bitcoin, such as increased security and reduced transaction fees.

Familiar sources suggest that by bringing their combined political experience and expertise to the table, Ryan and McIntosh aim to help policymakers and the public better understand the potential of Bitcoin and other digital innovations to drive economic growth and social progress.

Former Congressman Tim Ryan, a Democrat who previously worked on crypto-specific legislation, has highlighted the potential of Bitcoin and other digital innovations to drive financial inclusion and create jobs in underserved communities. Ryan emphasized that traditional financial services have not adequately served many communities, leaving them without proper guardrails that encourage innovation.

He believes that Bitcoin and other digital innovations can address this issue by bringing more underserved communities into financial inclusion and fostering the development of alternative energy sources to create more American jobs.

According to Ryan, his advocacy work with BPI Action will focus on educating policymakers and the public about the potential of Bitcoin and other digital technologies to drive economic growth and social progress. By doing so, he hopes to contribute to a more inclusive and prosperous economy that benefits all Americans.

The post Former Ohio and Indiana Congressmen Lead Pro-bitcoin Push appeared first on Coin Edition.

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