2 years ago
Director of Policy and Public Affairs astatine Bitcoin Magazine, Grant McCarty, announced the motorboat of a multi-faceted governmental effort contiguous connected the main signifier of Bitcoin 2022. These efforts see the Bitcoin Advocacy Project (BAP), the Bitcoin Policy Institute (BPI) and the recently registered Financial Freedom PAC different known arsenic The Bitcoin PAC.
The Bitcoin Advocacy Project is simply a 501(c)(4) nonprofit enactment dedicated to supporting and defending Bitcoin users successful the U.S. by warring against governmental efforts to support self-custody and impervious of work. As portion of their work, they person provided the archetypal effect backing for 2 abstracted governmental organizations: the Bitcoin Policy Institute, a 501(c)3 Bitcoin-focused argumentation deliberation tank, and the Financial Freedom PAC, a hybrid PAC registered with the Federal Election Commission dedicated to supporting and helping elite proponents of Bitcoin.
BAP created campaigner scorecards to way which politicians are pro-Bitcoin and which are anti-Bitcoin. BAP has educated lawmakers connected Bitcoin arsenic good arsenic helped lawmakers draught authorities to support impervious of enactment and bitcoin self-custody. The eventual extremity is to physique a grassroots question crossed the state to combat for Bitcoin.
BAP announced a “Nakamoto Grant,” which was awarded to the BPI. The institute released a first-of-its-kind whitepaper connected Bitcoin and nationalist security. They person submitted statements for the grounds astatine legislature hearings and person had thoughtful, nonsubjective and close Bitcoin contented placed successful dozens of mainstream media outlets.
"In addition, BAP supported the creation, improvement and backing of the Financial Freedom PAC — the archetypal Bitcoin Super PAC that aims to elite Bitcoin champions and ballot retired anti-Bitcoin politicians similar Brad Sherman and Elizabeth Warren. BAP has pledged $100,000 to get the Financial Freedom PAC disconnected the crushed and secured different half-million dollars successful verbal commitments since the enactment was filed." -McCarty
BAP’s stated extremity is, “To bring astir an orangish question crossed Washington.” The galore facets of the Bitcoin Advocacy Project, Bitcoin Policy Institute and Financial Freedom PAC volition pb the mode toward regulatory clarity and hyperbitcoinization.
McCarty concluded, "Washington, this is your wake-up call; get with it oregon get retired of the way."
English (US) 