Political Quotes

Wendy Sherman: We have seen a discussion of cryptocurrency. It was the one thing the Biden-Harris administration agreed with Donald…

On the recordJuly 25, 2024
We have seen a discussion of cryptocurrency. It was the one thing the Biden-Harris administration agreed with Donald Trump on. We know that the Biden-Harris administration has been relatively tough on crypto, but here are the words of Donald Trump from 2019: ``I am not a fan of Bitcoin and other cryptocurrencies, which are not money and whose value is highly volatile and based on thin air. Unregulated cryptoassets can facilitate unlawful behavior, including drug trade and other illegal activity. . . . We have only one real currency in the USA, and it is stronger than ever, both dependable and reliable. It is by far the most dominant currency anywhere in the world.'' That is what Donald Trump said until he realized that he could get tens or hundreds of millions of dollars from the crypto billionaire bros if he was willing to change his position, and that is exactly what he is doing. He is going to the Bitcoin 2024 Nashville conference to pledge his allegiance to the bitcoin billionaires. You can be sure his campaign will get tens of millions--no, hundreds of millions into supersecret PACs to try to propagandize the American people. God only knows whether he will personally get tens or hundreds of millions of dollars in cryptocurrency. We will never know because, as I will explain, cryptocurrency is the favorite device, a well-tailored device, for those committing bribery and other crimes.…
Said by
Wendy Sherman
Democratic · District of Columbia
Source
govinfo.gov
Jul 25, 2024

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