Bitcoin National currency
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Recognizing the tension that may arise at such an event, Obama addressed the country in an early morning press briefing today (April 1) leading up to the event.
“Folks, today isn’t about blue states or red states. It’s about the United States of America — a country which was founded on the great principles that have guided us to where we are today. That’s why I’m proud to announce that Congress has officially voted upon a measure that will move the country forward, united under one central currency: bitcoin.”
When questioned about the price volatility associated with bitcoin or the criminal activity associated with the digital currency, Obama scoffed at the idea that there was any reason to be concerned about adopting bitcoin as the national currency.
“Remember the days when folks thought the dollar was a dumb idea? Me too, ” Obama asserted. “What’s dumb is printing paper money with the faces of dead Presidents and such on it.”
“Let me be clear, here’s the deal: Make no mistake that bitcoin is our future. A future that I promise is greater together. And greater with bitcoin leading the way, ” he concluded.
Bank CEOs, Amazon’s CEO and Webster were said to have had several secretive meetings over the course of the last several months about aligning their support around this initiative.
“What can I say — bitcoin just grew on me, ” Webster said in an exclusive interview with PYMNTS. “At first I thought it was, well, pretty ridiculous. But then once I got my hands on some of those little bitcoins and watched that blockchain fire up and process those transactions, well, my heart literally skipped a beat.”
Webster said the trio spoke about how they could work across industry interests to help promote bitcoin’s potential as a national digital currency including integration into Chase Pay as the default payment option, and to add a “one-click” bitcoin payment checkout button on Amazon’s website and mobile app.
