New United States Attorney General Matt Whitaker Could Be Pro-Bitcoin
The crypto space already had two huge wins during the midterms. This was when the governors of Colorado and California, both crypto lovers won their elections. Now, Matt Whitaker, the current attorney general could be added to the list of wins for crypto.
According to a senior eToro analyst, Whitaker has tweeted twice about crypto and both tweets were positive. However, it is not possible to see the tweets since the acting AG has locked his tweets away. Internet Archive can only trace his tweets back to 2016. During that time, he has not mentioned the blockchain or Bitcoin.
His History with Bitcoin
Although he has not talked about Bitcoin in recent times, Matt did link Bitcoin articles by Reuters in 2012. This was at a period when everyone thought Bitcoin was on its deathbed after Mt. Gox, the Bitcoin exchange was hacked. However, the story that the acting AG shared told a different story.
What the Reuters Story Said
In the story, Reuters wrote that unlike fiat, Bitcoin ran on a P2P network that was free of central control. The story also showed that BTC was worth $4.88 at the time on exchanges. It also showed that exchanges were accepting about 15 fiat currencies globally. In the story, it claimed users of BTC were anarchists, uber-geeks, scammers, forex traders, and libertarians. At the time, trading volumes for BTC were about $4.3 million every 24 hours.
The report also had some negative things to say about BTC. Simon Lelieveldt a banking and payment experts said that BTC would collapse. According to him, BTC would fail because there was no central bank to back it. However, the report noted that its decentralization was what attracted its users.
A BTC enthusiast at the time told Reuters that people who had a sexual appetite for hotel workers did not run the crypto. This was in reference to a scandal involving a World Bank official at the time. Instead, the enthusiast noted that BTC was run purely based on math.
Fiat Workers were Interested in BTC Too
In the Reuters story, it was claimed that workers at major banks such as Goldman Sachs and Morgan Stanley were visiting crypto exchanges quite often. It was said that they went to online exchanges as many as 30 times per day. Besides the two banks, employees of all major banks globally had shown interest in the BTC.
What Can Be Deduced from the Article?
This was a factual report by Reuters. The report was neutral but clearly, the reporter appeared a bit excited about crypto. Besides that, it was not in any way discouraging people from investing in BTC.
The acting AG sharing it suggests that he was curious or had an active interest in BTC. This can be confirmed in a second article he shared in 2013, just after the price hit $260. It was discussing the legality of the crypto. When looked at objectively, it can be deduced that Matthew Whitaker probably owns some BTC.