US Congressman Warren Davidson thinks Bitcoin is a great store of value while taking shots at central banks for their efforts to print more money. ⠀ In a new interview with Laura Shin of Unchained, the Ohio Republican lauds the potential of crypto assets. He also criticizes how frequently modern central banks print money. ⠀ But that doesn’t mean Davidson thinks Bitcoin should replace the dollar. The congressman doesn’t believe BTC is nimble enough to a be national currency, particularly in light of the economic demands caused by Covid-19. ⠀ “I think if you had Bitcoin as your national currency you would see the lack of flexibility that [BTC] would provide for a central bank in a situation like this. I view Bitcoin personally kind of like digital gold versus a true currency. I think it’s a great store of value.” ⠀ Davidson says he doesn’t personally own any Bitcoin, noting that it would be inappropriate – though not technically against the rules – due to his public role as a legislative advocate for the crypto space. ⠀ Please let me know what you think about this. ⠀ 👉 Follow Us on Instagram 🙏: @intocryptonews ⠀ 👉 See All The Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #bitcoinhodler #bitcoinholder #intocryptonews #bitcoinnews #btchalving #bitcoinmarketcap #cryptocurrencies #bitcoinprice #bitcoininfo #btcprice #usa #investinbitcoin #cryptotalk247 #cryptolife #timeforplanb #cryptocurrency #bitcoins #regulation #bitcoinfutures #cryptocurrencynews #btc #bitcoin #bitcoinusa #government #bitcoinmarket #bitcoinhalving #cryptonews #bitcoininvestor #crypto #bitcoinprediction https://www.instagram.com/p/CBROzy6Ah61/?igshid=1ekcojnntgzj2








