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Brock Pierce Verified — Brock Pierce has verified that all information presented on this page is true and accurate. Table of Contents. Source: brockpierce. Pierce has made educating world leaders about crypto one of his top priorities. Last fall, he led a delegation of 37 crypto industry veterans that helped guide El Salvador President Nayib Bukele as the country adopted bitcoin as legal tender. It was an unprecedented victory, but soon it may just be the first of many. Leaders in "over 30 governments" have chatted with Pierce about following in El Salvador's footsteps, he told Insider in a recent interview.
And after working to convert politicians to crypto, Pierce is preparing for a transition of his own. He confirmed that he's planning to take the fight for crypto-friendly regulation into his own hands by running for a US Senate seat in To Pierce, crypto is more than just a promising technology or a way to store and build wealth.
He sees it as a way to give "economic opportunity to everyone" by banking the unbanked, restoring accountability in a financial system marked by "shadow" and "opaqueness," and "democratizing and decentralizing" the economy to work for everyone — not just the rich. Possibly, depending on how quickly governments figure out how to regulate it. Pierce has no doubt. And with this distributed database, we can do all sorts of things that will likely affect everything.
Despite Pierce's unshakable conviction in bitcoin, he's no bitcoin maximalist. Those so-called "maxis" believe that all blockchain-based cryptos besides the world's largest token are inferior — a narrow line of thinking that, in Pierce's view, hurts progress. I know that I don't have all the answers, and I don't want to close myself off from potential innovation. And so I've always been agnostic in the sense that, if anyone succeeds in making the world a better place, we all win.
So why would I want to close the door on a technology that might be successful? That begs the question: If the head of the Bitcoin Foundation has diversified away from only holding the so-called digital gold , how can investors do the same? Pierce told Insider about three alternatives to bitcoin that he owns and likes, though these ideas are not investing recommendations. Below is commentary from Pierce about each, along with the token or stock's symbol or ticker, as well as a chart of how each asset has performed in the past year.
Symbol : EOS. Commentary : "One of the projects that I was very active with and I'm reengaged with right now is a project called EOS. I was involved in its creation. And that project has been maturing and there's some really interesting things coming out of it. And so I'm focusing a lot of my time and attention on that project again right now.
Ticker : BTBT. So I wouldn't sit on that board if I didn't see potential in those thoughts. I think that, yes, that is a reasonable way to invest and get exposure to the sector. Ticker : COIN. Commentary : "I'm a Coinbase shareholder.