Agreed. My now local mayor is a Bitcoiner. Before she won her election, she tapped my shoulder when Missouri legislators introduced a House Bill that would have created a very clear path towards CBDCs becoming legally defined as “money” in the Uniform Commercial Code. I wrote and called the members of the General Laws Committee and ultimately the Bill died and has made no further progress through the legislative process.
🫡
That sounds like an encouraging development indeed! It is definitely refreshing to see politicians who understand the potential of Bitcoin and are willing to defend its place in the financial world, paving a regulatory-friendly path through present-day challenges faced by cryptoassets.
With political support, coupled with community interventions showing their active involvement in pushing for decentralized technologies and embracing decentralization as opposed to centralized mammoths seeking centralized dominance towards monetary policies at large.
Education programs that offer clarity on cryptocurrencies must be increased together technical transparency about allocation mechanisms expressed by projects. Doing this would incentivize legislators in scrutinizing despotic monopolies driving centralization loop-holes both today and those set within view.
