Warren Buffett called Bitcoin “rat poison,” but the technology behind it is something everyone can agree on. Here are other life-changing uses you didn’t know about.
Just the FAQs
Rep. Warren Davidson, R-Ohio(Photo: Jack Gruber, Jarrad Henderson-USA TODAY Netwo)
Maybe you don’t need Congress to fund a border wall. Just crowdfund it instead.
That’s the suggestion from an Ohio Congressman. He’s also mentioned the idea of using digital currency such as Bitcoin to pay for it.
To some, a wall between Mexico and the United States is stupid. To others, it’s the reason they voted for President Donald Trump.
The heated debate surrounding immigration and border security recently led to talk about shutting down the government to secure funding for the wall. Although Rep. Warren Davidson (R-Ohio) is not opposed to a government shutdown, he has a different proposal.
Warren Davidson: Congressman from Trump Country says he took oath to defend Constitution, not president
It’s called the “Buy a Brick, Build a Wall Act”, and the bill was introduced to the House of Representatives last month. Here’s what it says:
To allow the Secretary of the Treasury to accept public donations to fund the construction of a barrier on the border between the United States and Mexico and for other purposes.
Men look through the U.S. border wall, into San Diego, California, from the beach in Tijuana, Mexico, Dec. 11, 2018. (Photo: Moises Castillo, AP)
Beyond that, as Davidson suggested in a recent interview with NPR, maybe you could use “wall coins.”
GoFundMe: Campaign for border wall raises $1 million and counting toward $1 billion goal
Replacing Boehner: John Boehner’s successor makes waves as conservative firebrand
Digital currency such as Bitcoin is not mentioned in the legislation, but Davidson spoke about using things like blockchain – the record-keeping technology behind Bitcoin – to finance border security.
“(The bill) lets the American people, or whomever should choose to donate – Mexicans or otherwise – to donate to the program,” Davidson said on NPR.
“You could do with this sort of, like, crowdfunding site. Or you could even do blockchain, and you could have wall coins. But you could raise the money. And frankly, if we get it right at the Treasury, you could even accept Mexican pesos.”
Philippe Lopez, AFP/Getty Images
A man walks out of a shop displaying a Bitcoin sign during the opening ceremony of the first Bitcoin retail shop in Hong Kong. A man walks out of a shop displaying a Bitcoin sign during the opening ceremony of the first Bitcoin retail shop in Hong Kong. (Photo: Philippe Lopez, AFP/Getty Images)
Davidson represents Ohio’s 8th Congressional District, which includes all of Butler County. His bill has been sent to a committee charged with reviewing and making recommendations for government budgets.
This weekly column is a look around Butler and Warren counties from Enquirer Reporter Keith BieryGolick. Send tips, questions and hate mail to [email protected]
Read or Share this story: https://www.cincinnati.com/story/news/2018/12/20/ohio-congressman-warren-davidson-says-build-wall-Bitcoin/2344141002/