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- Mark Gordon revealed he owns cryptocurrency, surprising Caitlin Long, a high-profile bitcoiner
- The state of Wyoming has attracted some significant blockchain-focused startups, including Ripple Labs, Kraken, and IOHK
- Gordon believes private digital currencies are better than CBDCs, which will overwhelm the system all of a sudden
Wyoming Governor Mark Gordon recently revealed he owns cryptocurrency during his appearance as a panelist in a recent conference. The news came as a surprise to even the high-profile bitcoiner, Caitlin Long. He is “the main catalyst for Wyoming’s favorable crypto regulations” and had been working with him closely.
Wyoming Draws Blockchain Startups
The first day of the 4-day virtual conference witnessed Gordon join “First Mover” to discuss the nascent crypto industry blooming in the Cowboy State and talk regulation from a local standpoint. He shared, state’s ‘$60 billion broadband expansion program’ and ‘regulatory groundwork’ are attracting the interests of some significant blockchain-focused startups, including Ripple Labs, Kraken, and IOHK, the driving force behind Cardano.
Gordon Believes In Wyoming
Mark Gordon is the 33rd Governor of the 10th largest U.S. state by area. He is a firm believer in Wyoming’s ability to chart its course and is dedicated to setting the state on a sustainable fiscal path and making government more accessible, productive and efficient. He assured that the state would continue to provide the entrepreneurs with “a fertile ground” to build such “new types of structures.”.
The Undisputed “Crypto-Friendly” Leader
Wyoming has always proved to be the undisputed leader in terms of crypto-friendly areas of America. The state made its crypto presence known in 2018 with a communicative legislature which was also the first to introduce accommodating bills clarifying “the synergy between banking and blockchain.”
Bitcoins Better Than CBDCs
The recently revealed hodler governor also advocated private digital currencies over state-issued ones or CBDCs. Sharing his grave concerns about the E-Yuan and other government coins he said they’ll suddenly overwhelm the system. Per Gordon, if one can hold and stake with Bitcoin, “that ultimately makes our economy stronger.”
With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.
