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Warren Davidson: “The Bank Secrecy act laid the groundwork for too much…”

Featuring: Warren Davidson, Republican | U.S. House Ohio, 8th Congressional District

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Congressman Warren Davidson Discusses Bitcoin Legislation and Privacy Concerns on Bitcoin Politics Podcast

Published | Video Starts at 04:11

Should it be repealed? Is there any way to alter it to maybe give people a little bit more financial privacy? Yeah, look, I do think The Bank Secrecy act laid the groundwork for too much surveillance in your banking. And honestly that's what the market's telling us. If you look at like Bitcoin, it defines the market. And part of the reason was to move on from the current state of banking. (04:11–04:18)

CLAIM

Asserts that the Bank Secrecy act enabled excessive surveillance in banking.

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