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Bryan Steil: “Distributed ledger and blockchain technology is in some ways…”

Featuring: Bryan Steil, Republican | U.S. House, Wisconsin, District 1

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TRM Talks: Congressman Bryan Steil on Crypto Legislation and the Future of Digital Assets

Published | Video Starts at 18:58

And the status quo has significant flaws, but it also has a whole regime to prevent its abuse. I think we're going to see that continue to evolve and develop. And then by its definition, Distributed ledger and blockchain technology is in some ways actually more transparent than other types of transfers of value. Gold bars, or you can't go on and start to begin the research unless you find the person with the gold bar. Crypto is a little different. (18:58–19:06)

CLAIM

Asserts that blockchain technology is more transparent than other value transfer methods.

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