Meet the DeFi Delegate Knocking on the Doors of Congress

Posted on by American Coins & Gold

Meet the DeFi Delegate Knocking on the Doors of Congress
It might well be history: On July 28, 2021, Rep. Ted Budd (R-N.C.) headlined a Q&A session with the MakerDAO community – perhaps the first-ever meeting between a decentralized autonomous organization (DAO) and a sitting U.S. congressman.The sit-down was cordial and surprisingly lighthearted, given that just a day before Sen. Elizabeth Warren (D-Mass.) now-famously decried crypto’s “shadowy super coders.” (Budd himself is actually a fan of the branding: “Kind of cool, right?”)At the end of the MakerDAO event, Budd even issued a mandate for Maker fans to spread the good word about decentralized finance (DeFi) throughout the halls of Congress:…