United States / Michigan / MI Congressional District 11

MI Congressional District 11

Nick Somberg statements on crypto

Quoted from nicksomberg.com on Jun 1st, 2024

Nick Somberg has a section on his campaign website under issues that is titled: Cryptocurrency

As a strong proponent of decentralization, I fully support the growth and adoption of cryptocurrency. Decentralized currencies, like Bitcoin, offer a solution to one of the greatest threats to economic stability—inflation. Unlike traditional fiat currency, where central banks can print more money at will, thereby devaluing the currency, Bitcoin’s fixed supply ensures that its value cannot be artificially manipulated. This form of currency not only preserves value but also empowers individuals by taking control out of the hands of the financial elite. It is a revolutionary step in creating economic freedom, and I believe it will reshape the future by promoting personal liberty and reducing centralized financial power.

Very pro-crypto

Haley Stevens statements on crypto

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