Image by Gino Crescoli from Pixabay
What a difference a day makes ... yesterday many in the U.S. were sighing about the top leadership being too old to be in touch with tech and crypto and anything but trying to maintain control of everything and everyone, and today, the third-highest seat in the land is occupied by a 47-year-old champion of crypto!
Now this was a double surprise to me, because when I left home there was just a hint that our Speaker of the House who barely made it in might actually be put out -- when I left home Kevin McCarthy was still speaker, and when I got back, he was not!
But then, the Republicans picked crypto's biggest advocate in government and made him acting speaker!
But then, the devil, as always, is in the details ... the rules about a Speaker Pro Tempore mean Rep. Patrick McHenry will only be able to serve until FRIDAY. Not much to be done for crypto in three days ... except that when and if Rep. McHenry goes back to his present job, he will again be chair of the finance services committee, where he has been sitting and giving the SEC the blues and working on legislation to get regulatory clarity that favors the growth of crypto and access to it for U.S. citizens. It is to crypto's advantage perhaps that he do a good job holding down the fort as Speaker this week, and then head back with all that wonderful credibility as a Republican who gets things done to his work in getting the United States with the program on crypto!
But if somehow Rep. McHenry runs for and remains the Speaker of the House, the U.S. will indeed have its third-most powerful politician be a friend to the world of crypto ... a man who actually is young enough to be connected to the world of technology in a real way, young enough to see the future as something he is going of, and understands that crypto is part of a free future for the people.
Rep. McHenry's chances are not good at remaining Speaker in the present political environment ... so, in the end, not much will change just because he is there this week. However, the number of crypto constituent, and their visibility in getting representatives into government, is growing, and even if for just the rest of the week, that fact will be in the spotlight. According to Dan from the video, there are 52 million people in the United States who are in crypto ... roughly one-sixth of the total population, around one-fourth of adults! If all of us can get in step and flex our power ... already we are so close...
Speaking of flexing power ... the latest smackdown of the SEC has given an opportunity for people in crypto to weigh in with the courts...
One of the most remarkable things about this video is the discussion of how many people in the crypto industry are filing friend of the court briefs in Coinbase's case and thus taking the opportunity to educate the courts about what crypto actually is and why the SEC does not have jurisdiction ... THEORETICALLY, 
... and then there's this ...
Whales are getting money into stablecoins ... they think some big things are going to change next year... a return to quantitative easing by the Federal Reserve ... spot ETFs for Bitcoin and Ethereum ... tokenization of assets on Ethereum, Solana, Cardano, with room for other coins to also get in ... again, just saying, the door may be open for Hive... we have a natural advantage in intellectual property assets!
Things are changing in crypto all over the world, and even the United States is slowly realizing that being left behind is not the play to make. As a U.S. citizen, I am glad to know that ... as a Hiver who has her own mark to make on education in the crypto space shortly, I'm glad for this ... as a Hiver, I hope we are ready to receive all the blessings that may come!