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Bitcoin Magazine· Patrick Green·· 2d ago

Senator Bill Hagerty discusses expanding U.S. Strategic Bitcoin Reserve and dollar hegemony

Original source: Bitcoin MagazineRead original
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Senator Bill Hagerty argues that central bank digital currencies are "absolutely not consistent with freedom and liberty" and advocates for a light government touch to foster crypto innovation. He discusses the proposed U.S. Strategic Bitcoin Reserve, noting a target of 200,000 Bitcoin, and warns that CBDCs threaten financial freedom. He also reflects on the SEC's enforcement approach under former Chair Gary Gensler and the potential for crypto-friendly legislation before the new congressional session in January.

Source: Bitcoin Magazine · bitcoinmagazine.com