Congress

Mr. Bitcoin Goes To Washington

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Congressman Jared Polis is scheduled to deliver remarks at an event for bitcoin ATM company Robocoin at the United States Capitol where they will demonstrate their hardware. While companies visiting with congress is nothing new, the wild, wooly world of bitcoin makes this definitely an interesting development.

The company will bring its hardware to a capitol office where it will demonstrate the gear and hold a Q&A. Rep. Polis will speak as well.

“We’re honored to be the first Bitcoin company welcomed with open arms to demo on Capitol Hill,” said Robocoin CEO Jordan Kelley.

The meeting will allow Robocoin to tell its side of the bitcoin compliance story and allow congressfolks the opportunity to buy a little bitcoin of their own. Writes Kelley in the invitation:

You are cordially invited to a demonstration of Robocoin, the world’s first bitcoin kiosk for buying and selling the popular and controversial digital currency. Come see a Robocoin demo, hear a brief bitcoin talk from Congressman Jared Polis, try buying bitcoin yourself and ask your burning bitcoin questions. This will be fun, plus you’ll see how Robocoin is raising the bar on KYC / AML compliance in bitcoin. Welcome to the future of anti-fraud, anti-identify theft and anti-money laundering – this is customer protection built for the 21st century.

The event will be held on April 8, from 4:00-7:00 p.m. in the Rayburn House Office Building. It is an interesting wrinkle in the long bitcoin story and should be, at the very least, one of the first steps towards general acceptance of the currency.