01/08/2018
https://www.congress.gov...
"There is no doubt that we need a stronger, safer, and more inclusive financial system."
"Instead of leaving our financial system at the whims of giant banks, crypto puts the system at the whims of some shadowy, faceless group of super-coders and miners, which does not sound better to me."
"So the cryptocurrency boosters argue that crypto is the Yellow Brick Road to a faster, cheaper, and safer financial system that works for everyone, not just for the biggest banks."
"But even if crypto is not an improvement over our current system when it comes to being more democratic or less hackable, there is one other possible benefit, and it is a big one."