Bitcoin Foundation Hires Lobbying Group To Take The Cryptocurrency To Washington

TechCrunch

Today the Bitcoin Foundation announced that it has retained a lobbying group to press its interests in the nations capital.  The selected firm, Thorsen French Advocacy, will “introduce Bitcoin and the foundation to Capitol Hill offices” according to the Foundation.

Consider it a sign of the times. Lobbying and political activity has risen among technology companies, as their business has come under increasing scrutiny. Technology has become increasingly political — think net neutrality, spectrum auctions, antitrust concerns, and even search engines forced to censor results as examples — as politics has become increasingly technological.

Bitcoin isn’t immune to the trend. The cryptocurrency is an interesting case, however, as it is designed to work apart government purview, and some of its supporters hew closer to a more libertarian political philosophy.

Why then would the Bitcoin Foundation want friends in Washington? It addressed the issue in its note announcing the move, stating that Bitcoin…

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