The Ledger
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Rep. Polis: Legacy incumbents will lobby Washington to stifle blockchain tech
“And I wouldn't even call it a misstep, because we know when there's any fundamentally disruptive technology, there's a bunch of incumbents and legacy operators that come to this town to try to co-op government to sustain their advantage, and that we've seen th…”
Rep. Polis: Members of Congress struggle to understand basic cloud computing
“Keep in mind the demographics around here. I mean, we have a tough time explaining cloud computing. I mean, you know, this is a challenge.”
Rep. Polis: Blockchain has massive ramifications for the global unbanked
“It has massive ramifications in the developing world for the unbanked and the untitled.”
Rep. Polis: Blockchain projects will violate laws without updated regulations
“Absent a deliberate effort to create a legal ecosystem that allows for innovation, It's quite possible that efforts to do innovative things will run afoul of current law.”
Rep. Polis: Blockchain satisfies both left and right data privacy concerns
“Many on the left, like myself, don't want corporations to play that role either, but frankly, the blockchain is a way to address both of those concerns from the left and the right.”
Rep. Polis: Congress lacked formal blockchain education prior to the caucus
“There was no effort or way or manner of educating our colleagues about blockchain. So we really got together and said, look, let's formalize it so we can take out rooms and do briefings, which is effectively what that means, and provide a forum for other membe…”