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US Congressman Would Take Part of His Salary in Bitcoin

Representative from Minnesota, a long-standing crypto supporter, could become the first US congressman to take his salary in Bitcoin. Is Rep Emmer paid in BTC? In a recent podcast interview with popular BTC bull Anthony Pompliano, Rep. Tom Emmer (R-MN) insisted that he take part of his salary in Bitcoin. The host asked Rep. Bucket if he would use a service that converts a portion of his earnings into the primary cryptocurrency. “Why not?” said the congressman. “I think I would take advantage of it and I think other people would too.” He also indicated that part of his motivation was to help bring Bitcoin into the mainstream. โ€œThe idea is that we can bring crypto into the mainstream, whether it’s by taking part of our paycheck, or by allowing it organically. [to spread.]BREAKING: @RepTomEmmer confirms he is interested in taking part of his salary in bitcoin. He would be the first US congressman to do so successfully. ๐Ÿ‡บ๐Ÿ‡ธ — Pump ๐ŸŒช (@APopliano) January 31, 2022 In addition, Rep. Bucket also that crypto is the natural step in the evolution of the current financial system. He added that “old financial institutions” [can] evolve, if they choose, with the financial system, or not.โ€ In the same interview, Rep. Bucket the US financial regulator SEC for rejecting a Bitcoin ETF. He previously tweeted that the Securities and Exchange Commission’s decision was “unfounded.” Pro-Crypto Politicians Congressman Emmer has long been a supporter of crypto. For example, in his 2018 congressional campaign, he said he would file several crypto-related bills with the House. All of these would support crypto and blockchain technology in one form or another. Rep. Emmer is not the only political figure who said he would take part of his salary in Bitcoin. In fact, the mayors of New York City and Miami are already converting their salaries into crypto. It’s not just the US, though. Last week, a Belgian MP vowed to convert his entire salary into Bitcoin. NBA stars also like to take a portion of their earnings in bitcoin. Recently, NBA stars Andre Iguodala and Klay Thompson of the Golden State Warriors jumped on the crypto train. Featured Image Courtesy of National Journal SPECIAL OFFER (Sponsored) Binance Free $100 (Exclusive): Use this link to register and get $100 Free and 10% Off Binance Futures First Month Fee (Terms and Conditions). PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 25% off trading fees.
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