elections are just around the corner, and the crypto community is making its voice heard loud and clear. The recent America Loves Crypto tour stop in Wisconsin brought together over 200 individuals, including politicians, industry representatives, and technology enthusiasts, all rallying in support of pro-crypto candidates.
With Wisconsin being a battleground state in the 2020 Presidential election, and with a significant number of Wisconsinites owning cryptocurrency, the crypto vote could potentially sway the outcome of the upcoming elections. The event at the Red Rock Saloon in Milwaukee saw a diverse group of speakers, including politicians from both sides of the aisle, industry leaders, and up-and-coming artists like Jessie Murph.
One of the key highlights of the event was the discussion around the State of Wisconsin Investment Board’s groundbreaking decision to invest $162 million in Bitcoin ETFs. This move made Wisconsin the first U.S. state pension fund to invest in cryptocurrencies, setting a precedent for other investment allocators to follow suit.
Dom Bei, founder of Proof of Workforce Foundation, emphasized the importance of pension funds investing in Bitcoin, not just for financial gains but also as a way to empower wage earners and promote financial literacy. Bei’s non-profit has partnered with the City of Santa Monica to launch the Santa Monica Bitcoin Office and is planning a Peer to Pier Bitcoin Festival in October.
Spencer Smith, founder of AmpliPhi Digital, highlighted the significance of Wisconsin’s investment in Bitcoin as a signal to the investment community. He emphasized the need for clear education and compliance guidelines around cryptocurrency investments, especially in light of the recent market volatility.
The event also showcased a rare display of bipartisan support for the crypto industry, with politicians from different parties coming together to acknowledge the importance of crypto for economic prosperity. Joe Schoemann, Washington County Executive, and Peter Burgelis, City of Milwaukee Alderman, both underscored the value of crypto as a means of achieving the American Dream.
As the elections draw near, the crypto community in Wisconsin is gearing up to make their voices heard at the ballot box. With a growing number of politicians and industry leaders recognizing the potential of cryptocurrencies, the future looks bright for Bitcoin and crypto enthusiasts in the state of Wisconsin. Senate candidate Phil Anderson (I) has recently spoken out about the bipartisan potential of Bitcoin and cryptocurrency, noting that it is one of the few issues that can transcend party lines in today’s political landscape.
In a recent interview with Bitcoin Magazine, Anderson expressed his frustration with the current state of representative government, stating that lobbyists often have more influence than elected officials. He believes that the two-party system leads to a lack of accountability and transparency in government spending, particularly in regards to fiat currency.
Anderson, who is running on a platform of #DisruptTheCorruption, sees Bitcoin and blockchain technology as key tools in reshaping our democracy. By promoting greater transparency and accountability in government operations, he believes that these technologies can help combat corruption and restore trust in elected officials.
As part of his campaign efforts, Anderson will be attending the upcoming America Loves Crypto events in Philadelphia and Washington, D.C. These events will bring together cryptocurrency enthusiasts and advocates to discuss the role of blockchain technology in shaping the future of politics and governance. The tour will culminate in a special performance by The Chainsmokers, providing a unique opportunity for attendees to engage with like-minded individuals and learn more about the potential of cryptocurrency in driving political change.
Those interested in attending the events can RSVP for free via the Stand With Crypto website, where they can connect with other supporters and join the movement to disrupt the status quo and promote a more accountable government.
Overall, Anderson’s perspective on Bitcoin and cryptocurrency highlights the growing recognition of these technologies as powerful tools for promoting political reform and challenging the traditional power structures that govern our society. By embracing these innovations, we can work towards a more transparent and inclusive democracy that truly represents the interests of the people.