Jun 27, 2022
Bryan Solstin and Jason Brett discuss US Senate Bill 4356, the Responsible Financial Innovation Act. US Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) introduced S. 4356 - The Responsible Financial Innovation Act.
US Senate 4356 text
https://www.congress.gov/bill/117th-congress/senate-bill/4356/all-info
In summary, a micro-economy of lawyers are making a lot of money off regulatory uncertainty, We need an Elliot Nest approach to enforcing existing laws and regulation, namely the Howie Test. A new bill should be authored and provide zero-tax Bitcoin, exempting $200 goods and services. U.S. constitution states, “make any thing but gold and silver coin. Likewise with digital assets. Bitcoin. Nothing else is sufficiently decentralized.
Jason formerly served as a regulator at the FDIC during the last financial crisis. Additionally, he has extensive experience in developing and implementing successful governmental affairs programs for various companies, including clients of Key Bridge Advisors. While serving as Policy Director for ConsenSys, he was responsible for their domestic and international policy during a key period of their growth. Jason has also worked as a consultant at Booz Allen Hamilton, the Operations Director for the Digital Chamber of Commerce, and the Founder of the Value Technology Foundation, a non-profit technology think tank. He is also a forbes.com contributor who writes on policy issues related to bitcoin, other cryptocurrencies, and blockchain. Jason holds an MBA from American University and a bachelor’s degree from Cornell University. Jason is now policy director at Bitcoin Policy Institute. https://www.btcpolicy.org
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Jason Brett is Policy Director at Bitcoin Policy Institute
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