EXCLUSIVE- “Would happily accept payment in most cryptocurrencies”

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Cryptocurrency adoption and utility in the United States is far more defined than in some others. Many Federal agencies and policymakers have lauded the technology behind digital assets and that’s a large reason why the US is a popular hotspot for cryptocurrency-related businesses. Take Shannon Bray, for example. The North Carolina Senate candidate has long been a crypto proponent. In an exclusive interview with Watcher Guru, Bray spoke about how he would take adoption to the next level if elected to office.

If elected to office, what steps would you take to bring in cryptocurrency adaptation in the U.S?

Shannon Bray: I currently work for BlueSparrow and I elect to get paid in that token. I think it is a great idea because I’m not just working for a paycheck. I’m working for my family’s future. For the most part, I have left the federal banking system and I would happily accept payment in most cryptocurrencies.

Why do you believe paying salaries in cryptocurrencies is a good move?

Shannon Bray: Cryptocurrency adoption is already underway. The US government has a bank dedicated to cryptocurrencies that are seized. I am able to pay several of my bills now with crypto. One of the first things I would do would be to educate so that we do not get overregulated.

Shannon Bray and Crypto

Working as a cybersecurity analyst for the U.S. Department of Defense during an unfortunate Government shutdown, Shannon Bray decided to quit and join politics to better the government’s legislative front.

Apart from his campaigns revolving around anti-war and pro-immigration, Bray decided to make Bitcoin a key theme to his election. Speaking about the market recovery in June 2021 after China banned Bitcoin mining, Bray told Yahoo Finance,

“Once I saw Bitcoin bounce back like that I knew that crypto needed to be part of our politics on the global stage. If China can’t take it down, that’s a beautiful story“.

Apart from owning Bitcoin and Ethereum, Bray is also known to HODL Shiba Inu and Dogecoin.

According to Forbes, the US Congress introduced 35 bills focused on crypto policy. Topics focused on included cryptocurrency regulation, applications of blockchain technology, and central bank digital currency, among others. A landmark $1.2 Trillion crypto bill was signed by US President Joe Biden in November 2021 which included tax provisions. However, Bray and other cryptocurrency proponents have said that policymakers need to draw a fine line between regulation and innovation for a more sustainable industry.

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