Senator Mike Rounds

@SenatorRounds ↗

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Last Checked Feb. 1, 2022

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Thu May 27 19:51:07 +0000 2021

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Senator Mike Rounds @SenatorRounds

So how does this relate to Colonial Pipeline? Bitcoins only exist as data. They can be tied to digital wallets rather than a specific person’s identity, which means people believe they can receive and spend them anonymously- perfect for secret transactions like ransoms. — PolitiTweet.org

Posted May 27, 2021

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Senator Mike Rounds @SenatorRounds

This means that, as bitcoin gets more valuable, more people mine, mining gets harder, it takes more computations and more electricity to mine a bitcoin. Some of you may be familiar with @elonmusk recent statement about bitcoin’s carbon footprint. — PolitiTweet.org

Posted May 27, 2021

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Senator Mike Rounds @SenatorRounds

There are many interesting moves being made in the field of CCs. It very much is the Wild West of finance. They make new things possible, which isn’t always a good thing. They can have consequences no one expected. This field deserves a great deal of attention going forward. — PolitiTweet.org

Posted May 27, 2021