Proposed Bipartisan Legislation Recognizes Bitcoin As A Technology That Supports Democracy

Proposed Bipartisan Legislation Recognizes Bitcoin As A Technology That Supports Democracy

On Wednesday, the workplace of Rep. Gabe Amo issued a press launch stating that Rep. Amo and Rep. Kim (R-CA) reintroduced a bipartisan decision supporting using distributive ledger applied sciences (DLT), together with blockchain, to “support democratic governance, human rights, freedom of information, transparency, and innovation around the world.”

The decision (the total textual content of which was not linked to within the press launch) urges federal businesses to discover and help DLT and expresses Congress’ dedication to advancing accountable innovation on this technological entrance.

Rep. Kim commented on the significance of this know-how within the press launch.

“U.S. leadership in emerging technologies like blockchain not only improves Americans’ lives but also helps us advance transparency in U.S. foreign assistance, human rights, and freedom across the globe,” stated Rep. Kim.

“This legislation is vital, especially as we see the Chinese Communist Party exporting its surveillance technologies and authoritarianism abroad. I am proud to join Congressman Amo to lead this bipartisan resolution to ensure the United States shines as a beacon of hope, freedom, and innovation on the world stage,” she added.

The press launch additionally cited how, in Screven County, Georgia, the Bitcoin blockchain was used to safeguard election election outcomes and supply transparency to voters, linking to this text, which tells the story of the occasion.

Easy Proof, the corporate that helped Screven County officers commit its vote tallies to the immutable Bitcoin blockchain additionally just lately helped Republicans in Williamson County, Tennessee do the identical with the outcomes of its Republican management vote.

Easy Proof put itself on the map when it helped to safe the outcomes of the newest presidential election in Guatemala, the story of which is informed within the quick documentary Immutable Democracy. Because of the vote tallies from the election being safeguarded on the Bitcoin blockchain, the integrity of the election was upheld, regardless of efforts made to tamper with bodily votes as soon as voting had concluded.

The work that the corporate has finished each within the U.S. and overseas is a testomony to some extent Rep. Amo made within the press launch.

“Innovative technology like blockchain helps promote transparency and strengthen democratic institutions around the world,” stated the congressman.

Whereas the press launch supplied proof of the Bitcoin blockchain getting used to protect democratic values, it didn’t differentiate between Bitcoin and different blockchains, a lot of which, by design, are much less safe.

Supply hyperlink

author avatar
Crypto Dunia
bitcoin
Bitcoin (BTC) $ 107,152.71 1.25%
ethereum
Ethereum (ETH) $ 2,480.05 0.92%
tether
Tether (USDT) $ 1.00 0.00%
xrp
XRP (XRP) $ 2.23 1.67%
bnb
BNB (BNB) $ 654.39 0.13%
solana
Solana (SOL) $ 153.17 0.99%
usd-coin
USDC (USDC) $ 1.00 0.00%
tron
TRON (TRX) $ 0.279785 1.04%
dogecoin
Dogecoin (DOGE) $ 0.164461 1.91%
staked-ether
Lido Staked Ether (STETH) $ 2,477.91 0.96%
cardano
Cardano (ADA) $ 0.567384 0.02%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 107,095.69 1.39%
hyperliquid
Hyperliquid (HYPE) $ 39.33 3.51%
bitcoin-cash
Bitcoin Cash (BCH) $ 524.38 4.72%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,993.09 0.87%
sui
Sui (SUI) $ 2.79 1.43%
chainlink
Chainlink (LINK) $ 13.26 1.37%
leo-token
LEO Token (LEO) $ 9.07 1.00%
avalanche-2
Avalanche (AVAX) $ 17.66 3.16%
stellar
Stellar (XLM) $ 0.237937 0.15%
usds
USDS (USDS) $ 1.00 0.01%
the-open-network
Toncoin (TON) $ 2.88 0.38%
shiba-inu
Shiba Inu (SHIB) $ 0.000011 1.82%
weth
WETH (WETH) $ 2,479.27 0.97%
litecoin
Litecoin (LTC) $ 86.52 0.79%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,656.96 0.90%
whitebit
WhiteBIT Coin (WBT) $ 44.67 4.84%
hedera-hashgraph
Hedera (HBAR) $ 0.151099 0.11%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.15%
monero
Monero (XMR) $ 322.10 1.95%
bitget-token
Bitget Token (BGB) $ 4.53 1.83%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.00%
polkadot
Polkadot (DOT) $ 3.36 3.02%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 107,122.70 1.34%
uniswap
Uniswap (UNI) $ 7.06 3.34%
aave
Aave (AAVE) $ 272.09 1.29%
pepe
Pepe (PEPE) $ 0.00001 4.04%
pi-network
Pi Network (PI) $ 0.49229 4.96%
dai
Dai (DAI) $ 1.00 0.00%
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.18 0.00%
aptos
Aptos (APT) $ 4.77 2.48%
okb
OKB (OKB) $ 49.91 0.18%
bittensor
Bittensor (TAO) $ 333.43 1.39%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 185.70 0.97%
near
NEAR Protocol (NEAR) $ 2.13 3.31%
internet-computer
Internet Computer (ICP) $ 4.84 3.33%
ethereum-classic
Ethereum Classic (ETC) $ 16.46 1.94%
crypto-com-chain
Cronos (CRO) $ 0.08067 0.89%
ondo-finance
Ondo (ONDO) $ 0.761542 2.34%
susds
sUSDS (SUSDS) $ 1.06 0.02%
usd1-wlfi
USD1 (USD1) $ 1.00 0.13%
tokenize-xchange
Tokenize Xchange (TKX) $ 24.96 9.81%
kaspa
Kaspa (KAS) $ 0.074927 3.81%
mantle
Mantle (MNT) $ 0.582164 2.79%
fasttoken
Fasttoken (FTN) $ 4.41 0.02%
gatechain-token
Gate (GT) $ 15.45 0.16%
cosmos
Cosmos Hub (ATOM) $ 4.03 2.93%
vechain
VeChain (VET) $ 0.021041 1.83%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 0.668654 3.43%
official-trump
Official Trump (TRUMP) $ 8.75 3.63%
sky
Sky (SKY) $ 0.080568 3.56%
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 106,949.65 1.36%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.183694 0.27%
arbitrum
Arbitrum (ARB) $ 0.332473 7.38%
algorand
Algorand (ALGO) $ 0.189227 3.53%
render-token
Render (RENDER) $ 3.14 5.21%
ethena
Ethena (ENA) $ 0.263788 2.52%
sei-network
Sei (SEI) $ 0.287066 4.54%
filecoin
Filecoin (FIL) $ 2.27 2.57%
jupiter-perpetuals-liquidity-provider-token
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.50 0.16%
binance-peg-weth
Binance-Peg WETH (WETH) $ 2,482.89 0.74%
worldcoin-wld
Worldcoin (WLD) $ 0.883879 3.89%
first-digital-usd
First Digital USD (FDUSD) $ 0.998668 0.01%
usdtb
USDtb (USDTB) $ 1.00 0.03%
kucoin-shares
KuCoin (KCS) $ 11.14 0.06%
binance-staked-sol
Binance Staked SOL (BNSOL) $ 162.41 0.90%
jupiter-exchange-solana
Jupiter (JUP) $ 0.450442 0.86%
usdt0
USDT0 (USDT0) $ 1.00 0.02%
nexo
NEXO (NEXO) $ 1.22 0.94%
flare-networks
Flare (FLR) $ 0.017336 1.36%
rocket-pool-eth
Rocket Pool ETH (RETH) $ 2,824.44 0.94%
fartcoin
Fartcoin (FARTCOIN) $ 1.14 0.87%
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 2,596.74 1.04%
spx6900
SPX6900 (SPX) $ 1.19 11.01%
bonk
Bonk (BONK) $ 0.000014 2.98%
polygon-bridged-usdt-polygon
Polygon Bridged USDT (Polygon) (USDT) $ 1.00 0.03%
injective-protocol
Injective (INJ) $ 10.49 5.31%
blockstack
Stacks (STX) $ 0.65179 3.31%
sonic-3
Sonic (S) $ 0.310066 3.82%
binance-bridged-usdc-bnb-smart-chain
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00 0.10%
optimism
Optimism (OP) $ 0.555622 4.95%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 1.47 6.51%
paypal-usd
PayPal USD (PYUSD) $ 0.999458 0.04%
xdce-crowd-sale
XDC Network (XDC) $ 0.058511 1.60%
celestia
Celestia (TIA) $ 1.36 7.82%
mantle-staked-ether
Mantle Staked Ether (METH) $ 2,652.41 0.89%
pax-gold
PAX Gold (PAXG) $ 3,331.12 1.22%
kaia
Kaia (KAIA) $ 0.15764 6.02%
stakewise-v3-oseth
StakeWise Staked ETH (OSETH) $ 2,602.89 0.96%
Scroll to Top