U.S. Congressman Patrick McHenry, who represents North Carolina’s 10th District, told lawmakers directly that attempts to stop Bitcoin were futile.
“The world that Satoshi Nakamoto, author of the Bitcoin whitepaper envisioned, and others are building, is an unstoppable force.”
“We should not attempt to deter this innovation; governments cannot stop this innovation, and those that have tried have already failed”Congressman Patrick McHenry
It was something that it had to be heard. U.S. government as well as other governments must realize the power of Bitcoin and the power of decentralization.
We have to agree that the statement of Patrick McHenry was the truest statement in the entire hearing.