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06/18 04:46

That background, he said, shapes how he operates i

That background, he said, shapes how he operates in Washington. “Congress can be a frustrating place,” Begich said. “You’re not a CEO. You can’t say, ‘We’re doing this.'” He drew a parallel between the consensus-building required in the House and the kind of obstacle navigation that defines startup life — facing capital constraints, entrenched competitors, and perpetual skepticism from investors. The difference, he noted, is that in Congress the runway is measured in election cycles, not funding rounds. JUST IN:  Congressman Nick Begich says he introduced a Strategic Bitcoin Reserve bill because the world reserve currency "may not be the U.S. dollar forever."  "It could be a digital asset."  pic.twitter.com/TIWd1NgDIa — Bitcoin Magazine (@BitcoinMagazine) June 17, 2026 The case for a Strategic Bitcoin Reserve Begich entered Bitcoin in early 2013, operating on the thesis that it could serve as a hedge against dollar depreciation for his business. He lost roughly 440 Bitcoin in the Mt. Gox collapse — “I got Goxed,” he said — but emerged from the bankruptcy process with what he described as a positive outcome, and his conviction in the asset intact. That conviction is now law in proposal form. The American Reserve Modernization Act, or ARMA, which attracted significant co-sponsorship, would create a mechanism for the federal government to retain Bitcoin seized through law enforcement rather than auction it off. #BTC Prophet: 20-Day 380 Million HTX Challenge #HTX Creation Challenge — Post and Win 1,500U 💥

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