National and Local Bitcoin Policy Approach – Bitcoin Magazine


This is an opinion editorial by Dennis Porter, CEO of Satoshi Action Fund and political strategist who focuses on defending the Bitcoin infrastructure and industry in the United States through public policy, activism and advocacy.

The printer of unlimited money and where that unlimited money is spent is the ultimate power of our times. The broad power of the federal government – ​​including unlimited money in Washington – attracts many interest groups to our nation’s capital, but that’s also exactly why Bitcoiners should choose a different strategy. Historically, many political movements have taken place at the state and local levels, but currently, Bitcoiners are leaning heavily to influence politics at the federal level. I admit it, I have fallen for the luster of the federal government in the past. For bitcoin to succeed in the US, I think we need to focus more of our efforts on local politics. Not only is this a better political strategy, but it is also in line with Bitcoin’s bottom-up design ethos. There’s nothing more bottom-up than meeting with your local and state officials to impact public policy. The rest of this article will be used to explain the value of this approach. By the time you’ve finished reading, I hope you’ll be convinced to take action to positively impact your local community.


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