Ep 159 | What’s Happening With Bitcoin? | Guest: Erik Finman

Chewing the Fat with Jeff Fisher

Blaze Podcast Network

News, News Commentary, Daily News, Society & Culture

4.9 • 2.1K Ratings

🗓️ 27 July 2019

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

Erik Finman will present before Congress the first-ever official briefing on Bitcoin and cryptocurrency. The session is co-hosted by US Congressman, Paul Gosar, and will focus on current and future opportunities to normalize and regulate cryptocurrency in the United States. Main talking points include: Full legalization and designation of Bitcoin and other cryptocurrencies as a commodity Clarity around the concept that cryptocurrencies arenot securities and thus not subject to the same laws Finman’s current vision is to increase the adoption of cryptocurrency, blockchain, and bitcoin. He believes that America is on the cutting-edge of this technology and with adequate understanding, protection, and support, the widespread adoption of cryptocurrency in the US can change the way companies, government, and citizens operate in the future. In conjunction with Congressman Gosar, Finman has an opportunity to speak directly with House representatives about major obstacles Bitcoin faces currently, as well as benefits to legalizing the currency both within the Nation and globally. Finman states: “I am so excited to have the first ever opportunity to brief the concept of Bitcoin to Congress. It’s truly an honor to stand among these representative figures in our government to educate and promote the tremendous capabilities cryptocurrency has for the US both nationally and globally.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	All right, so how many times have we talked about our political powers that be that don't really understand the next generation of cryptocurrency
0:16.0	and what's happening in the world with Bitcoin and all the other cryptos.
0:21.0	Well, Eric Feynman, who we've talked to here on chewing the fat before, the
0:25.8	Bitcoin expert and of course, the world's youngest Bitcoin millionaire, was called in to
0:31.6	the congressional panel to discuss and let them know what the heck is going on with
0:39.1	crypto currency.
0:40.1	Oh, what?
0:42.1	Bitcoin update. Oh, what? Bitcoin Update. Bitcoin Update. Bitcoin Update.
0:43.0	Wow.
0:45.0	We've got a sounder and a sound effect for Bitcoin now too.
0:50.0	Eric, you, your greatness is brushed off.
0:52.0	Even chewing the fat is getting sound effects now for you. Eric, your greatness is brushed off.
0:52.6	Even chewing the fat is getting sound effects now for you.
0:55.7	That's good stuff.
0:57.8	So Eric, you went before the congressional panel
1:01.8	and to give them an update.
1:03.8	How long, first let's talk a little bit about how working up to getting in front of this panel.
1:10.4	How long was it before they actually said, you know probably should talk to you were you trying to get in front of them prior to this
1:18.6	Actually, it was interesting. No, I just happened to be at a dinner with
1:33.0	Representative Gossar's Chief of Staff, and then, you know, he kind of heard my story and all that stuff, and then they invited me to kind of co-host with them.
1:37.5	Excellent. So and that was what like how long ago?
1:39.5	About a month ago. Yeah, I'm fascinated to see how long I want to relatively.
	...

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