Why it matters: The organization began in 2014, when only a handful of elected leaders even knew what Bitcoin was. Today, you'd be hard-pressed to find one who didn't have an opinion about cryptocurrency.
Jerry Brito, the original executive director of the pioneering crypto advocacy group in Washington, is preparing to leave the organization at the end of the year, as one of his long-time deputies takes over.
* Brito co-founded Coin Center in 2014, when only a handful of elected leaders even knew what Bitcoin was. Today, you'd be hard-pressed to find one who didn't have an opinion about cryptocurrency.
* The organization began as a small group of crypto enthusiasts meeting in each other's living rooms. They quickly realized that they needed to get involved in the policy conversation at the federal level.
* Over the past 10 years, Brito has seen crypto go from being a niche interest to a mainstream talking point. He's also seen it become increasingly partisan, with Democrats largely supporting crypto and Republicans mostly opposing it.
* That mindset can trace its roots to 2019, when Facebook tried to launch Libra. The effort was ultimately scuttled by regulators and lawmakers, but it sparked a broader conversation about the role of crypto in the financial system.
* Brito believes there's a "progressive case for crypto" that he wishes he would have worked on sooner. He thinks crypto could be a powerful tool for financial inclusion and economic empowerment.
* But he also understands the concerns that some progressives have about crypto, especially its potential to be used for illicit activities or to destabilize the financial system.
* Brito is hopeful that, as crypto continues to mature, it will become less partisan and more people will come to understand its potential benefits and risks.
* He's also optimistic about the future of crypto in the U.S., despite the challenges that it faces. He believes that the country's strong legal and financial institutions will ultimately help crypto to succeed.
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