US Congressman Tom Emmer recently voiced strong support for the digital currency space, highlighting the urgent need for modernized financial regulations. Emmer criticized the current government approach, likening it to “a legalized form of the mob” where citizens must “pay the vig” through taxes and outdated compliance requirements to ensure safety and freedom within the country.

Addressing concerns over decentralization, Emmer condemned the fear he perceives among certain political figures, specifically pointing to attitudes like those of Senator Elizabeth Warren. He argued that the push against decentralized technologies stems from a fear of losing control, contrasting sharply with America’s foundational principles, which advocate for governance “by the people, from the ground up.”

Emmer’s call to action includes reducing bureaucratic agencies and updating legislative frameworks to align with the realities of the 21st century. He stressed the importance of embracing innovative financial technologies to preserve the nation’s core values and foster an environment where freedom and innovation can thrive.