{"id":402105,"date":"2019-10-23T13:00:35","date_gmt":"2019-10-23T13:00:35","guid":{"rendered":"https:\/\/uniquehot.com\/?p=402105"},"modified":"2019-10-23T12:16:03","modified_gmt":"2019-10-23T12:16:03","slug":"bitcoin-has-enormous-long-term-value-us-congressman","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-has-enormous-long-term-value-us-congressman\/","title":{"rendered":"Bitcoin Has Enormous Long-term Value: US Congressman"},"content":{"rendered":"

Bitcoin has an enormous long-term value, believes US Congressman Patrick McHenry<\/a>.<\/p>\n

The North Carolina representative said decentralized cryptocurrencies like bitcoin are “very real, very important projects” that are still in the early stage of innovation. He noted that bitcoin’s real use case remains outside the grasp of financial industry, saying that nobody can predict which way the cryptocurrency would go in the next 20 years.<\/p>\n

“Nevertheless, it would be of enormous value and utility,” asserted Congressman McHenry.<\/p><\/blockquote>\n

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Congressman Patrick McHenry reintroduces the Financial Services Innovation Act to create entrepreneurial regulatory sandboxes. He describes how it would affect ICOs and the BitLicense. Plus, we discuss what could best compete against a Chinese digital yuan https:\/\/t.co\/hK6pc7n2gu<\/a><\/p>\n

— Laura Shin (@laurashin) October 22, 2019<\/a><\/p><\/blockquote>\n