Today’s Senate hearing on Bitcoin: surprisingly reasonable

This afternoon’s Senate hearing regarding the future of Bitcoin and other cryptocurrencies went quite well. In fact, the Washington Post is calling the hearing a “Bitcoin Lovefest.” It seems that many of the top US government officials recognize the potential value of Bitcoin, as well as the danger of stifling innovation by attempting to regulate it.

If you weren’t able to watch the hearing on C-SPAN, you can find an excellent summary on reddit of the main points made.

No doubt the positive hearing outcome helped drive today’s tremendous BTC price growth.

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