- Crypto for Congress has sent $50 in Bitcoin to all US Congress members to promote and educate about cryptocurrencies and blockchain technology.
- The initiative is supported by leading companies and representatives of the U.S. Congress.
As part of an educational initiative, members of the U.S. Congress received $50 in Bitcoin (BTC) on October 5th. This was announced by the Chamber of Digital Commerce PAC in a press release. The organization said they have launched a campaign called “Crypto for Congress”. Thus, congressmen will be able to have direct contact with Bitcoin and “fully realize the potential of the blockchain technology”.
The Chamber of Digital Commerce PAC is a global organization that claims to represent digital assets and the blockchain industry. Its members include heavyweights such as Microsoft, JPMorgan, IBM, Intel, Deloitte, and Binance. Furthermore, “Crypto for Congress,” the statement said, has the support of major crypto and blockchain companies such as Anchorage, Armanino, BitPay, BlockFi, Bloq, CMT Digital, Circle, Civic, eToro, Flipside Crypto, Hedera Hashgraph, Messari, Paxos, among others.
Its priority is to educate and promote with legislators and government representatives the advantages of blockchain technology. In addition, the organization claims to be committed to the prevention of money laundering, terrorism financing and other illegal activities, while maintaining a high level of innovation. To that end, they have proposed creating more effective enforcement and regulatory mechanisms with initiatives such as the Token Alliance and Crypto for Congress. On the latter, the organization states the following:
Crypto for Congress is an educational initiative of the Chamber of Digital Commerce that seeks to provide Congressional candidates, regardless of party, a hands-on experience with blockchain technology. The purpose of Crypto for Congress is to raise awareness of and expand access to blockchain technology, while broadening participation in the political process.
Bitcoin sent to all US Congress members
The Chamber of Digital Commerce PAC, as an educational organization, has sent the 535 members of the U.S. Congress not only Bitcoin (BTC), but also a toolkit with an “extensive” amount of material and online training. The organization claims that direct interaction with a technology is the most effective method of promoting its adoption. Something similar happened, according to the organization, when legislators sent their first mail or made their first post on a social network.
Noteworthy, the initiative is supported by the US congressmen Darren Soto and Tom Emmer. The referred congressmen have a pro-crypto vision. About “Crypto for Congress”, Tom Emmer stated:
The lightbulb moment is now. Crypto for Congress brings an opportunity for our entire Congressional community to join this generational shift in finance and technology. By embracing the digital asset movement, we have an opportunity to take a significant step forward to ensure America’s leadership position in the future of the global economy.
On the other hand, Congressman Darren Soto said he hopes to ensure that his country is one of the leaders in blockchain technology. Soto added that understanding the technology behind cryptocurrencies is an “important step” so that it can be used as a tool in optimizing the U.S. economy. The President of the Digital Chamber of Commerce, Perianne Boring, aptly explained:
Now is the moment for all members of Congress to learn about and embrace cryptocurrencies and blockchain technology, and the best way to do that is to set up a digital wallet and get started on the blockchain journey.