US congressman suggests that cryptocurrency should be new gold standard

Congressman Madison Cawthorn has taken to Twitter to propose using cryptocurrencies as the new gold standard.

The North Carolina Republican has joined other conservatives who have recently come out in support of cryptocurrencies.

On Wednesday, Josh Mandel, one of the leading Senate candidates for the state of Ohio, claimed that America had to “double down” on Bitcoin. Blake Masters, another Senate hopeful from Arizona, proposed adding the largest cryptocurrency to America’s strategic reserves.

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