RATE Group | It will be impossible to ban Bitcoin in the United States
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It will be impossible to ban Bitcoin in the United States

02 Aug It will be impossible to ban Bitcoin in the United States

Posted at 04:56h in Bitcoin News by

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  • Crapo was the latest member of the US Congress to have seemingly warmed up to bitcoin. 
  • While chairing the Senate Committee on Banking, Housing and Urban Affairs, he discussed the benefits of Bitcoin.

It would be impossible to ban bitcoin in the United States, as per US Senator Mike Crapo (R-Idaho). While chairing the Senate Committee on Banking, Housing and Urban Affairs, he offered some positive comments on Bitcoin:

“If the United States were to decide, and I’m not saying it should, if the United States decided we didn’t want cryptocurrency to happen in the United States and tried to ban it, I’m pretty confident we couldn’t succeed in doing that because this is a global tech, a global innovation.”

Crapo was the latest member of the US Congress to have seemingly warmed up to bitcoin. Earlier this month, Rep. Patrick McHenry had stated that “there’s no capacity to kill bitcoin.”

During his opening statement, Crapo said that the US…

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