Bitcoin

when

Security

US Senator Marsha Blackburn explains how Bitcoin helps reduce rising credit card payments and settlement fees that are beneficial to consumers and privacy.&nbsp; 
At the Bitcoin Policy Summit 2024, Blackburn pointed to the rising issue of swipe fees for credit card transactions, prompting people to seek possibilities such as Bitcoin for getting rid of these hefty charges. 
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio">
 <div class="wp-block-embed__wrapper"> 
 </div>
</figure> 
Nonetheless, she highlights that crypto may positively impact buying rental properties, mortgages, or cars if they are used widely. Blackburn looks forward to Bitcoin’s user-friendly characteristics and how it makes people more financially independent and private, saying that these features come from its decentralized framework, separate from the decisions made by governments. 
Promoting the example of areas similar to Afghanistan, she stresses the fact that Bitcoin, as a strong currency, goes along perfectly with those regions where their citizens don’t believe in the traditional currency system. Thus, people have full control of their financial assets. 
While candidate Robert F. Kennedy Jr. agrees with Blackburn regarding the treatment of Bitcoin’s taxation and aims to make it without any breathing room, he draws a sharp line between these two positions. 
In a joint stand, they recommended that more people embrace Bitcoin for greater autonomy. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/04/13/blockchain-security-firm-insists-on-telegram-vulnerability/" data-wpel-link="internal">Blockchain Security Firm Insists on Telegram Vulnerability</a> 
</blockquote>

Senator Blackburn Backs Bitcoin Regulation

The Crypto Times

Other articles published on Apr 12, 2024

Crypto Market Fluctuates as Bitcoin Halving Approaches

Bitcoin Price Prediction: As Hilton Plans To Tokenize Debt On BTC In El Salvador, This New Learn-...

Analysts Say This Crypto Could Revive Your Sinking Ripple (XRP) and Cardano (ADA) Portfolio

AI Colliding with Blockchain? Mike Novogratz Supports Reddit Founder's Stunning Prediction

SHIB joins CDSA to bring new blockchain solutions to media and entertainment

Trader Predicts This New Multi-Chain Meme Coin Set to Explode on Launch

Join our free newsletter for daily crypto updates!