Libra's So Terrifying It's Making Congress Suddenly Embrace Bitcoin

Libra's So Terrifying It's Making Congress Suddenly Embrace Bitcoin 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

I never thought I’d see a high-ranking politician stand up and declare, “I like bitcoin.” But that’s exactly what just happened. House Minority Leader Kevin McCarthy practically sung bitcoin’s praises this week. How did we get here? How did we go from politicians ignoring and slamming bitcoin to embracing it?  The reason is Facebook. Lawmakers hate Facebook’s cryptocurrency Libra so much, bitcoin is actually starting to look good. As McCarthy explained, the decentralized blockchain’s open model is preferable to Facebook’s vice grip: “I want to see decentralization because Libra concerns…