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Derrick Van Orden: “Bitcoin is a decentralized, scarce and secure network for…”

Featuring: Derrick Van Orden, Republican | U.S. House, Wisconsin, District 3

Derrick Van Orden Questions FTX General Counsel on Cryptocurrency Regulation and Investor Losses

Published June 4, 2025 | Video Starts at 00:55

Okay, well, thank you for clearing that up. I'm going to ask you, starting with you, doctor, Tell me if this is an accurate statement, please. Bitcoin is a decentralized, scarce and secure network for transferring value without any ability to restrict it. Altcoins are unregulated tech startups that regularly result in massive losses by retail investors while their promoters get rich. Is that accurate? I definitely have my views. (00:55–01:03)

CLAIM

Asserts that Bitcoin is decentralized, scarce, and secure for transferring value without restrictions.

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Derrick Van Orden

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“We have to be able to exchange in commerce without the government getting in our business.”
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