Block CEO Jack Dorsey briefs Congressional Democrats on bitcoin

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Block CEO Jack Dorsey briefs Congressional Democrats on bitcoin
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SCOOP: Block CEO Jack Dorsey briefs Congressional Democrats on bitcoin by the_postman_

Congressional Democrats invited Jack Dorsey, the founder of Block and Twitter, to talk about bitcoin, The Block has learned.

According to two sources familiar with the matter, Dorsey briefed the Democrats of the House Financial Services Committee during a private Q&A session on March 31. The notes indicate that members asked Dorsey a series of questions related to frequently-cited concerns over crypto. These include Bitcoin's energy consumption, application in money laundering, and limited circulation as a means of payment.

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