John Deaton: bitcoin will be part of the solution to the dollar's decline
- —Deaton: bitcoin is "part of the solution," not the problem, to dollar weakness
- —He criticizes applying 1930s laws to modern blockchain technology
- —He supports the CLARITY Act to end "regulation by enforcement"
- —75–80% of the Senate candidate's personal wealth is held in bitcoin
Why it matters: The Senate candidate's stance reflects growing bitcoin support in US politics amid debate over the CLARITY Act.
Source: TokenPost