Erica Rhodes, an elementary school teacher who ran for congresswoman, recently appeared at the Bitcoin Day Sacramento 2022 event to discuss the impact of Bitcoin (BTC) on local politics.
In an interview with the Cointelegraph, Rhodes highlighted the difficulties grassroots candidates face in competing with high-profile members of the US Congress.
“If it were not for Bitcoin and the Lightning Network, a popular campaign like ours would not have come this far with the amount currently available in the race, especially as a full-time elementary school teacher.” she explains. Rhodes spoke specifically about her campaign, adding:
“[BTC] has allowed us to continue our efforts to give up a seat at the age of 20 and over.”
Rhodes also believes that the role of local businesses in accelerating the mass adoption of BTC is a “less economic concern.” By allowing small and medium-sized businesses to accept payments in BTC, society refrains from buying bitcoin elsewhere and is a way to revive the local economy, according to the congressional candidate.
As a full-time primary school teacher, Rhodes is a first-grader who witnesses the economic and social challenges students, families and teachers face:
“As a teacher living on a paycheck without family money, I risk everything to put the incumbent, who currently has just under $ 4 million in cash. We do not need millions of dollars to win.”
Rhodes also highlighted the lack of understanding among politicians who oppose and fear Bitcoin’s current adoption. “Those who take the time to study are beginning to understand that this is the future,” she added. In addition, Rhodes believes that an integrated Bitcoin Lightning network can reduce the cash flow shortage and market abundance that the market is facing in the midst of the coronavirus pandemic.
“Anti-bitcoin politicians are of the same brand as anti-internet politicians. It is also an indication of where they get their money from.”
Rhodes also argued that the traditional system, along with the detached mentality of American politicians, is designed to keep people poor, concluding:
I want to be remembered for who we work for: the American people. I’ll put all the good ideas on the table and risk everything to make a difference. I’m happy to see others do the same. ”
Related: Senior Federal Reserve officials will soon no longer be allowed to trade cryptocurrencies, stocks and bonds
Just two days ago, the Federal Open Market Committee (FOMC) passed a resolution preventing senior Federal Reserve officials from buying and holding cryptocurrencies and other investments.