US Congressman Would Take a Portion of His Salary in Bitcoin


Minnesota Consultant, a longstanding crypto supporter, would possibly develop into the primary U.S. Congressman to take his wage in Bitcoin.

Rep Emmer to Be Paid in BTC?

In a current podcast interview with fashionable BTC bull Anthony Pompliano, Rep. Tom Emmer (R-MN) famous that he would take a portion of his wage in Bitcoin. The host requested Rep. Emmer whether or not he would use a service that converts a few of his earnings into the first cryptocurrency.

“Why not?” the Congressman stated. “I feel I might reap the benefits of it and I feel that different folks would.”

He additionally indicated that part of his motivation was to assist convey Bitcoin into the mainstream.

“The concept is that we will begin bringing crypto into the mainstream, whether or not it’s by taking a portion of our wage, or by permitting it organically [to spread.]”

Furthermore, Rep. Emmer additionally believes that crypto is the pure step within the evolution of the present monetary system.

He added that “legacy monetary establishments [can] evolve, in the event that they selected, with the monetary system, or not.”

In the identical interview, Rep. Emmer referred to as out the U.S. monetary regulator SEC for rejecting a Bitcoin ETF. Earlier, he tweeted that the Securities and Change Fee’s resolution was “baseless.”

Professional-Crypto Politicians

Congressman Emmer is a longstanding supporter of crypto. As an illustration, again in his 2018 congressional marketing campaign, he stated he would introduce a number of crypto-related payments to the Home. All of those would assist crypto and blockchain tech in some type.

Rep. Emmer isn’t the one political determine that stated he would take part of his wage in Bitcoin. In truth, the mayors of New York Metropolis and Miami are already changing their salaries into crypto.

It’s not simply the U.S., although. Final week, one Belgian Member of Parliament vowed to transform his total wage in Bitcoin.

NBA stars additionally prefer to take a portion of their earnings in bitcoin. Not too long ago, NBA stars Andre Iguodala and Klay Thompson of the Golden State Warriors hopped on the crypto bandwagon.

Featured Picture Courtesy of Nationwide Journal

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