The must-pass, bi-partisan supported Biden Infrastructure Bill includes some extremely damaging and divisive language around cryptocurrency. It essentially is picking winners and losers in the cryptocurrency space, rather than letting the market decide, could cause thousands/millions of American jobs and entrepreneurs to move operations offshore, and puts impossible compliance requirements on operators in the industry.
I implore you to do one of three things to cultivate the growth of the cryptocurrency and blockchain industries in the USA, rather than pushing people out:
1) Call your senators.
2) Email your senators.
3) Text RESIST to 50409 text service.
HERE’S THE SCRIPT:
“Hi, I’m contacting you to ask that you support Senator Wyden, Toomey, and Lummis’s amendment to the cryptocurrency provision of the infrastructure bill (H.R. 3684) . This amendment will ensure that the provision does not dramatically expand financial surveillance, harm innovation, or undermine human rights. Policies that impact basic freedom and the future of the Internet should be debated carefully and should never be attached to must-pass bills. Furthermore, I reject the Warner-Portman-Sinema amendment because it cedes the US's role in crypto. Proof of Stake has several unique benefits over Proof of Work (including reduced energy consumption), and it should be given fair treatment.
Thank you.”