Cypher
(BTC) Bitcoin News TodayNews

US Congressman Emmer Says Bitcoin Is Not Going Away It’s Gonna Get Stronger

The US Congressman and representative Tom Emmer recently appeared in a podcast with the Co-Founder of Morgan Creek Anthony Pompliano and shed a light on the future of blockchain technology and Bitcoin. During the interview, he said that the world’s leading digital currency Bitcoin (BTC) will have a shining future. He believes that as soon as the global pandemic crisis comes to an end, Bitcoin will turn to be a stronger cryptocurrency in the financial world.

Bitcoin is not going away

Speaking in the podcast, Tom Emmer has revealed his confidence in Bitcoin. Currently, the world is struggling to come out of the financial crisis caused by the COVID-19 pandemic. The US representative said that once the world comes out of the crisis, Bitcoin will be there shining bright.

He firmly said that Bitcoin is not going to go away rather he believes that the leading cryptocurrency is going to get stronger after the financial crisis. Emmer, furthermore, claimed that the top-ranked digital currency will prove to be an important asset and is set to advance more in the future with the passage of time.

📰 Also read:  Sam Altman Pitches ChatGPT to Fortune 500 Companies

Tom Emmer stated:

“As we come out of the crisis, Bitcoin ain’t going away. It’s gonna get stronger. You just watch, it has value, when something has value, people are going to take risks and it’s going to advance.”

The Future of Bitcoin becomes more promising now

The previous week, the United States regulatory authorities had authorized the U.S. banks allowing them to begin providing custodial services to digital currencies in the country. After this declaration, the future of the major cryptocurrency has become more promising now.

Tom Emmer’s comments in the podcast show that he is against centralized control. He said that during the global pandemic, governments lost control over fiat money and then they started controlling people instead. In order to explain his point of view, Emmer gave this example:

“The government has your currency all on a card. And guess what? If you lived in Wuhan, they shut you down, man. You couldn’t get a ride out of Wuhan to another city. You couldn’t go get some groceries unless the government released you to go get the groceries.”

📰 Also read:  Tether USDT Stablecoin Unveils on TON Blockchain

Tom Emmer seems to be an advocator of Bitcoin. Recently, he said that Bitcoin is not the real issue rather governments centralized control is the main problem.


Tokenhell produces content exposure for over 5,000 crypto companies and you can be one of them too! Contact at info@tokenhell.com if you have any questions. Cryptocurrencies are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by Tokenhell authors (namely Crypto Cable , Sponsored Articles and Press Release content) and the views expressed in these types of posts do not reflect the views of this website. Tokenhell is not responsible for the content, accuracy, quality, advertising, products or any other content or banners (ad space) posted on the site. Read full terms and conditions / disclaimer.

📰 Also read:  RippleX Admits Technical Issues in AMM Pools, Moves to Resolve it

Cypher

Mubashar Nawaz (United Arab Emirates)

Mubashar Nawaz is an experienced crypto writer working for Tokenhell. Having passion for writing, he covers news articles from blockchain to cryptocurrency.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close
Skip to content