Proof of Reserves Bill (HB 1666): Texas’ Innovative Approach to Blockchain

Join us in this enlightening conversation with Lee Bratcher, Founder and President of the Texas Blockchain Council and a dedicated US Army Captain. Dive deep into the world of blockchain, crypto regulations, and the future of property rights in Texas.

Whether you’re a crypto enthusiast, a Texas resident curious about the state’s blockchain initiatives, or someone interested in the broader implications of blockchain on society, this interview promises to deliver valuable insights. Don’t forget to like, share, and subscribe for more in-depth discussions!

If you want the interview in the podcast format, please visit the link below. Enjoy!
https://podcasters.spotify.com/pod/show/constantinkogan/episodes/Proof-of-Reserves-Bill-HB-1666-Texas-Innovative-Approach-to-Blockchain-e2a6nur

TIMESTAMPS:

01:30 Lee’s crypto journey 
03:29 The future of property rights and tokenization
06:50 Which state first publicly accepted the terms of a regulatory body?
09:03 The major pros and cons of the bill
12:48 The implementation options of the bill
14:54 Who would be perfect as a back-end?
16:30 Is there a lot of competition?
17:21 Auditing pricelist 
21:25 Virtual asset service provider 
23:19 Bitcoin and Texas Bullion Depository 
25:06 The impact of a trust in the industry 
26:26 Is Bitcoin equivalent to gold?
27:54 How to successfully do business in Texas? 
34:34 About green mining
39:34 The role of the big players in the game
40:59 Blockchain as a moderator of energy utilization
43:33 Positive predictions for blockchain industry
48:46 Elections 2024
49:36 Trump vs Biden 
52:14 North American Blockchain Summit 
53:l2 The meaning of life to Lee