Does Kevin Virgil Support Crypto?
Based on previous comments, Kevin Virgil has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Kevin Virgil has made about Bitcoin, Ethereum, and cryptocurrency innovation.
Kevin Virgil reposted the post below
Michael Saylor⚡️
@saylor
Four years ago today, MicroStrategy adopted #Bitcoin as its primary treasury reserve asset; since then $MSTR has outperformed 499 of 500 stocks in the S&P 500.
2024-08-11T12:03:05.000Z
Kevin Virgil
@kvirgil
She was 100% on board with massive donations from the crypto community last time, when it was SBF writing the checks
Alexandria Ocasio-Cortez
@AOC
People everywhere need to understand how disgusting and abnormal it is for special interests to dump nearly $15 million to unseat a member of Congress in a primary.
This is corruption. It is a core threat to American democracy. It also fuels Trump.
Support Jamaal Bowman.
2024-06-16T18:16:58.000Z
2024-06-17T13:36:44.000Z
Quoted from www.standwithcrypto.org on May 10th, 2024
Kevin Virgil completed the Stand With Crypto Questionnaire and demonstrated support for crypto and digital assets. He emphasized the importance of crypto in driving technological innovation, economic growth, and job creation. Kevin Virgil supports comprehensive regulatory frameworks that offer clarity and promote responsible innovation.
Kevin Virgil
@kvirgil
This is a great decision by the OK state legislature.
It protects Oklahomans’ liberty from an out of control federal gov’t that wants total control over its citizens.
Would love to see Iowa do the same!
We already have successful mining ops here. Creating a crypto safe haven w ’s economy and a step toward restoring balance b/w DC and the states per the 10th Amendment.
Dennis Porter
@Dennis_Porter_
MASSIVE BRREAKING: A bill to protect 'fundamental #Bitcoin rights' has PASSED the Senate and House in the state of Oklahoma!
Once signed by the Governor, this bill will protect:
The right to SELF-CUSTODY!
The right to mine #Bitcoin
The right to run a full node
The right to buy, sell, trade digital assets
A big thanks to the Rep. Brian Hill (@SamuelBrianHill) and Sen. Bill Coleman for sponsoring this legislation.
A huge shoutout also needs to be given to the @oklahomabtc which is led by @_BTCstorm. Without their support, and work to push this legislation forward, it is unlikely this legislation would have been successful. We are proud to work closely with their team.
If you are a Bitcoin business operating in Oklahoma, be sure to send support to the @oklahomabtc.
Urgent Call for Support:
The passage of this bill in the Senate and the imminent signing into law by the Governor do not come easy. Your support is crucial. This is a pivotal moment for #Bitcoin in America, and by rallying together, we can ensure these fundamental rights are solidified.
Donate now: httpdonorbox.org/btc-rightsOTECTING SELF-CUSTODY
There are a lot of reasons to support this piece of legislation, but given recent attempts to attack self-custody, there has never been a more important time to defend this inalienable right.
The very idea that 'We the People' cannot hold our own assets is antithetical to what it means to be an American.
Without the ability to manage our own wealth and assets, we are no longer in control of our own destiny. We are no longer able to forge a better path for ourselves and our families.
This is why it is critical to ensure that Americans (and all people of the world) are able to secure not only their #Bitcoin but ALL their assets.
Oklahoma is now leading the nation and showing the world that it will stand up for the individual right to hold and self-custody #Bitcoin.
MINING AND RURAL JOB GROWTH
Additionally, this bill protects and encourages the growth of #Bitcoin mining in the state.
#Bitcoin mining has the potential to balance the grid, cleanup the environment, deliver local investment, and create rural jobs.
Oklahoma, a state with boundless energy, can greatly benefit from this technology. Wether its managing the intermittency from its wind farms or mitigating methane emissions from abandoned oil wells, #Bitcoin has the ability to monetize wasted and stranded energy.
The added benefit of tackling stranded and wasted energy is that #Bitcoin miners will be investing into local electrical infrastructure in rural and remote areas of the state. Developing in rural areas also means there there will be rural jobs created.
Small towns and rural areas have been left behind over the last 50 years by the tech boom, but now, #Bitcoin is generating new opportunities for these communities.
THIS IS WHY THIS BILL MATTERS!
But we cannot pass laws to protect and defend #Bitcoin usage in the USA without your support. Please consider becoming a monthly donor so we can continue to fight for #Bitcoin in the USA!
Donate now: httpdonorbox.org/btc-rightsank you for your support!
Onward and upward for #Bitcoin. 🚀
2024-04-26T19:51:17.000Z
2024-04-27T04:31:24.000Z
Kevin Virgil reposted the post below
Jameson Lopp
@lopp
"Bitcoin is too complicated!"
Oh, you think you understand how the dollar works?
2024-04-21T11:25:29.000Z
Kevin Virgil
@kvirgil
@balajis has written a great summary of why Bitcoin is so important. This is why I first fell 'down the rabbit hole' 11 years ago. Bitcoin changed how I think - not just about money, but how we operate as a society.
I intend to be the most pro-crypto member of Congress once elected.
If you are fed up with the uniparty and its incessant push for dominance over the people, you owe it to yourself to learn about Bitcoin. Governments have claimed the right to print money for our entire lives. In America's case, that 'exorbitant privilege' enables those in power to engage in endless wars while enriching themselves and inflating the currency to suit their own political ends -- while the rest of us suffer.
I will also fight relentlessly against our government's attempt to implement a CBDC, which is not really a cryptoasset but a tool of enslavement that conveys power over the people that Stalin or Mao could have only dreamed about.
Bitcoin is the way.
Balaji
@balajis
THE PURPOSE OF BITCOIN
The purpose of Bitcoin is to shatter the welfare/warfare state and return power to the people.
Yes, you can understand it as technological innovation — as a better way to hold and send large amounts of money — but at its core it is political revolution.
ams the secret police and the NGOs calling for defunding the police. It rewards places that attract skilled immigrants and punishes those that cannot protect property rights.
It does all this by breaking the 20th century centralized state's business model, by breaking both the wealth seizure of Communism and the money printer of Keynesianism. Because Bitcoin is money that can't be seized and monetary policy that can't be manipulated.
So, think of Bitcoin as the ultimate zero-based budgeting. It zeros out everything that centralized states spend money on. It ends the wars and starves the beast. And then, it allows free people to decide from scratch what collectives they want to form, what public goods they want to crowdfund, and what they want to voluntarily do together as a society.
In a word, it restores consensual government. You just don't do what you have not consented to do.
Because Bitcoin reverses several centuries of power centralization in a few decades of decentralization. It fuses the egalitarian global government of the internationalist left with the limited local government of the capitalist right. It does this by transferring sovereignty from each centralized local state to a decentralized global network, where the collective of Bitcoin holders act as the ultimate bond vigilantes, the ultimate international union, the ultimate government of governments.
And DC's declining "rules-based order" cannot match the legitimacy of this ascending Internet opt-in order. We already see tens of millions of Americans and Chinese alike voting against both Democrats and Communists by voting with their wallet for Bitcoin. Their states may be gearing for pointless war, but on the network these two great nations are at peace. Bitcoin Americans may not trust the Chinese state, and Bitcoin Chinese may not trust the American state, but neither of them trust their own states as much as they trust Bitcoin's network.
Trustworthy states, of course, have nothing to fear. If you have popular legitimacy you need not fear capital flight. And already we see early adopter states for Bitcoin, from Bukele to Bhutan. Early adoption serves as a political IQ test — small and smart governments can pull it off, while big and dumb states simply will not.
So big, dumb states will be hardest hit. And they will hit back. Just like they went from calling social media unimportant to assailing it as too important, so too will they go from questioning whether Bitcoin has any utility to calling it too powerful to leave in the hands of the citizenry. And then the attempts at seizure will begin.
The explicit use of state force will unify left- and right-libertarians against neocons and neolibs, shattering and remaking the political compass. That's likely to begin after this cycle. And it'll be a fight that will make 2016-2024 look like the good old days.
But at least we'll all know that Bitcoin has a purpose.
2024-03-02T05:51:33.000Z
2024-03-02T13:29:46.000Z
Kevin Virgil replied to a post from @MaherLinds87412
Kevin Virgil
@kvirgil
@MaherLinds87412 @realDonaldTrump @RonDeSantis @NikkiHaley This IS part of my platform. I intend to be the strongest advocate for digital assets and crypto in Congress. Americans need access to hard money that doesn’t lose 5-10% of its purchasing power every year. What’s more important than that?
2024-01-18T15:18:00.000Z
Kevin Virgil
@kvirgil
Glad to see @realDonaldTrump taking a stand against CBDCs!
Americans need access to hard money like gold and Bitcoin. But we don't need 'money' that unelected bureaucrats can block access to, at their whim.
Where do @RonDeSantis and Neocon @NikkiHaley stand on CBDCs?
Malcolm FleX - Chaotic Neutral Mercenary
@Malcolm_fleX48
From the National Pulse & Raheem Kassam - @VivekGRamaswamy is having a profound effect on Trump. Shortly after their private meeting Trump declares "I will never allow Central Bank Digital Currency"
thenationalpulse.com/2024/01/17/exc…
2024-01-18T01:44:11.000Z
2024-01-18T03:01:13.000Z
Kevin Virgil
@kvirgil
Unpopular opinion (for crypto people): Yes there's a lot to disagree with in the @GaryGensler interview today.
But he's right in that the crypto industry needs to be cleaned up. It's riddled with scams and 'rug pulls'. This industry is starved for real leadership.
Kevin Virgil
@kvirgil
#SEC Chairman Gensler on #CNBC now: "We don't need more digital currencies. The US dollar, euro and yen are already digital."
I don't even know where to begin with this ignorant comment. Crypto was created to act as an alternative to the systemic failures of fiat currency.
2023-06-06T13:17:24.000Z
2023-06-06T13:28:36.000Z
Kevin Virgil
@kvirgil
#SEC Chairman Gensler on #CNBC now: "We don't need more digital currencies. The US dollar, euro and yen are already digital."
I don't even know where to begin with this ignorant comment. Crypto was created to act as an alternative to the systemic failures of fiat currency.
2023-06-06T13:17:24.000Z
Kevin Virgil reposted the post below
Jameson Lopp
@lopp
Bitcoin has...
no charismatic leader
no funded foundation
no governance token
no vesting schedule
no steering council
no partnerships
no fancy offices
no VC backing
no legal team
no pre-mine
no roadmap
no rulers
2022-09-01T06:33:09.000Z
Kevin Virgil
@kvirgil
My latest Substack on how the Federal alphabet soup complex shut down a solvent bank to discourage its peers from working with crypto businesses. And yet Bitcoin moved higher.
kevinvirgil.substack.com/p/operation-ch…
2023-03-17T15:46:14.000Z
Kevin Virgil
@kvirgil
RIP 'crypto banks', an abomination that should never have happened. Nexo was the lone survivor after Celsius, Voyager & BlockFi failed.
This clears the field for better & transparent DeFi apps that aren't run by polyamorous kids on a tropical island.
theblock.co/post/192204/cr…
2022-12-06T12:36:44.000Z
Kevin Virgil reposted the post below
Arthur Hayes
@CryptoHayes
Any centralised #crypto lender that hasn’t already gone bankrupt is probably a zombie. The hit rate is approaching 100%. This is what happens when rates go from 0% to 5% in 12 months. Convexity is a bitch.
2022-11-29T12:17:01.000Z
Kevin Virgil
@kvirgil
Folks, if we haven't learned this lesson by now then today is more reinforcement. Crypto is disruptive tech but the industry is drowning in greed and fraud. Centralized exchanges are https://t.co/0di0DU21Yp
CZ 🔶 BNB
@cz_binance
This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire FTX.com and help cover the liquidity crunch. We will be conducting a full DD in the coming days.
2022-11-08T16:09:21.000Z
2022-11-08T16:35:04.000Z
Kevin Virgil
@kvirgil
The crypto community is celebrating how 'energy-efficient' $ETH is (free burritos at @ChipotleTweets!), but not many are pointing out how the SEC is now claiming jurisdiction over it.
Terrible situation for a 'censorship-resistant' blockchain to be in.
kevinvirgil.substack.com/p/for-ethereum…
2022-09-28T18:46:05.000Z
Kevin Virgil
@kvirgil
Great opportunity for another country to advertise a safe location for US-based node operators to re-domicile. No different than the hedge fund industry. $ETH
Cointelegraph
@Cointelegraph
The SEC claims authority to investigate ETH transactions as if they happened in the US because most nodes are on national soil. buff.ly/3S0eZZu
2022-09-20T09:45:00.000Z
2022-09-23T16:04:07.000Z
Kevin Virgil
@kvirgil
The people who oppose #Bitcoin and #Ethereum won't change their minds because blockchain energy consumption just dropped 99%.
Energy consumption is a smokescreen. Their true objections are more philosophical and fear-based.
Hayden Adams 🦄
@haydenzadams
Ethereum reducing its energy usage by 99.98% will improve its public image more than anything else in its entire history (rightfully so imo).
I think people are massively underestimating this aspect of the merge.
2022-09-15T16:17:19.000Z
2022-09-15T19:55:11.000Z
Kevin Virgil
@kvirgil
The most important conference in crypto kicks off next week! I'm excited to be a part of it, and to learn about what's being created during BUIDL Season.
It's not too late to get your tix for @MessariCrypto #Mainnet2022 if you haven't already.
2022-09-14T13:02:39.000Z
Kevin Virgil
@kvirgil
"Bitcoin is a real-time smoke alarm tied to the profligacy of the USD-based financial system."
Quote of the day from the always insightful @CryptoHayes
blog.bitmex.com/teach-me-daddy/
2022-08-29T19:03:46.000Z
Kevin Virgil
@kvirgil
Great article and well stated.
It is impossible for US crypto companies to comply with the law when the supposed lawmaker refuses to tell the community what the law is.
Time for Gensler to go back to academia.
forbes.com/sites/roslynla…
2022-08-26T10:17:42.000Z
Kevin Virgil
@kvirgil
Not a lot of people in crypto are willing to publicly stand up for their principles but here is someone. Much respect, this is a high risk position that @matthew_d_green just occupied.
Matthew Green is on BlueSky
@matthew_d_green
I made a Github organization to republish a fork of the Tornado Cash repositories that were banned following the Treasury’s sanction order the other week. github.com/tornado-reposi…
2022-08-22T20:30:21.000Z
2022-08-23T03:26:55.000Z
Kevin Virgil reposted the post below
Alex Gladstein 🌋 ⚡
@gladstein
MSM: “Bitcoin is a bad store of value”
Reality: cost of each new iPhone
iPhone 4 - 2857 BTC
iPhone 5 - 16.6 BTC
iPhone 6 - 2.17 BTC
iPhone 7 - 1.28 BTC
iPhone 8 - 0.24 BTC
iPhone X - 0.16 BTC
iPhone 11 - 0.14 BTC
iPhone 12 - 0.06 BTC
iPhone 13 - 0.02 BTC
2022-06-30T03:31:10.000Z
Kevin Virgil reposted the post below
Dan
@robustus
The first time this guy publicly disparaged bitcoin was in September 2011, at around $7.
Bitcoin's ROI from then until now is +255,000%
2022-06-18T20:22:01.000Z
Kevin Virgil
@kvirgil
My op-ed was published in @decryptmedia today. Bear markets are essential for clearing out the excess of bull markets (e.g. 20% APY stablecoins). They're also when the most successful crypto projects are built. #Metaverse
decrypt.co/101118/bear-ma…
2022-05-23T15:57:59.000Z
Kevin Virgil reposted the post below
Jebus
@Jebus
not being heavily exposed to crypto is more stressful than being heavily exposed
2021-12-17T20:55:37.000Z
Kevin Virgil
@kvirgil
Before anyone gets excited about the news that @SECGov finally approved a Bitcoin ETF, they should take a closer look at this product.
This ETF tracks $BTC futures contracts, not BTC itself. More complex and far riskier than owning $BTC outright… decrypt.co/83521/sec-pros…
2021-10-16T14:17:03.000Z
Kevin Virgil
@kvirgil
Edition #2: Diving Into DeFi
zpr.io/fpDsg3V8DDtC
2021-10-01T19:34:48.000Z
Kevin Virgil
@kvirgil
The hypocrisy of big banks knows no bounds. @BNYMellon screwed its clients with inflated FX trading fees ($714m fine) but takes the moral high ground with a soft-porn site?
#Crypto adoption is accelerating. Who will be using banks in 10 years?
bloomberg.com/news/articles/…
2021-08-25T13:56:46.000Z
Kevin Virgil
@kvirgil
Talk is cheap @KatieBrittforAL
Show us through action or your opponent is going to be the best-funded candidate in the country.
#crypto #termlimits
Katie Britt
@KatieBrittforAL
I support American innovation and entrepreneurship, including in the crypto space, and want to see the digital asset broker issue clarified in a way that ensures that the federal government is not putting their thumb on the scale. (1/2)
2021-08-09T21:48:30.000Z
2021-08-09T23:05:05.000Z
Kevin Virgil
@kvirgil
@SenShelby just shut down the #crypto amendment to protect his biggest donors (the banks you bailed out in 2008).
He's 87 & retiring. His CoS @KatieBoydBritt is his anointed successor.
Hmm, I wonder if an army of enraged Twitter power users may put a dent in her plans...?
2021-08-09T21:58:21.000Z
Kevin Virgil
@kvirgil
#Crypto community, can we all now agree that reflexively supporting all of your favorite party's politicians isn't a great idea?
For 23 years NYC voters did just that for @chuckschumer. Now he intends to kill #DeFi and protect the banks that almost cratered our economy in 2008.
2021-08-09T06:06:52.000Z
Kevin Virgil
@kvirgil
Here's some background on the unelected bureaucrat who is currently trying to kneecap #Crypto innovation in order to protect the Wall Street banks that you bailed out in 2008.
forbes.com/sites/joewalsh…
2021-08-09T01:14:17.000Z
Kevin Virgil
@kvirgil
Sen @MarkWarner has betrayed his roots as a venture capitalist by introducing a bill that threatens to curtail America’s ability to compete. Crypto and #DeFi are our best chance to change the financial services industry for the better, and Warner has sided with the status quo.
2021-08-07T18:44:01.000Z
Kevin Virgil
@kvirgil
I’m a resident of Virginia and long-time crypto advocate, and am deeply disturbed by the amendment that VA senator @MarkWarner has proposed to the infrastructure bill. This will stifle innovation and move high-value jobs and talent out of the USA.
2021-08-07T18:44:00.000Z
Kevin Virgil
@kvirgil
@PeterLBrandt If $BTC were to break below $30k now, would this be considered a valid H&S formation? Or has the right shoulder extended out too far by now?
2021-07-21T01:18:33.000Z
Kevin Virgil
@kvirgil
This selloff shouldn't end until $DOGE is back under a penny where it belongs. $BTC
2021-06-22T14:02:31.000Z