Law Decoded: Putting your Bitcoin where your mouth is, Oct. 4–11

Law Decoded: Putting your Bitcoin where your mouth is, Oct. 4–11

There is nothing surprising about Senator Cynthia Lummis, a Wyoming Republican known to be among the staunchest crypto supporters in the U.S. legislature, revealing a sizable Bitcoin purchase that she had made earlier in the summer. It is still oddly satisfying to observe the alignment between a politician’s long-declared stance on an issue and corresponding monetary behavior (Lummis had been hodling BTC since 2013). Such consistency will be a norm in blockchain-based governance systems where individuals’ interests are aligned with those of the entire community and where all information that could be of remote public interest is transparent.

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Debt ceiling staved off

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