From ‘not money’ to ‘staggeringly great’: What US presidents have said about crypto and blockchain – Cointelegraph

From ‘not money’ to ‘staggeringly great’: What US presidents have said about crypto and blockchain – Cointelegraph

In recognition of Presidents Day, Cointelegraph is taking a look at the remarks of current and former leaders of the United States regarding crypto and blockchain.

One of the earliest presidential adopters, Bill Clinton reportedly received his first Bitcoin (BTC) in 2016 — more than 15 years after his two terms in office. Though the Democratic U.S. president accepted the crypto asset gift from venture capitalist Matthew Roszak, seemingly with a smile on his face, he has been largely silent on the ecosystem. However, Clinton gave a keynote speech at Ripple’s Swell conference in 2018, calling blockchain a technology for which the “permutations and possibilities are staggeringly great.”

When the Bitcoin genesis block was generated on Jan. 3, 2009, George W. Bush had only a little more than two weeks left in office after serving two terms. Sworn in later that month, Barack Obama was the first U.S. president forced to deal with the regulatory implications of cryptocurrency and blockchain.

The 44th president arguably enacted policies to deal with the 2008 financial crisis that may have led to greater interest and adoption of cryptocurrencies, as many seemingly distrusted the role the government was playing in the financial system. However, Obama himself has made few, if any, public statements on the technology.

Last year, hackers took over a number of Source…