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A secure border for America had been a rallying cry for Donald Trump when he was touring the country during the elections. Now, the President has been repeatedly frustrated by the opposition; who refuses to entertain such an idea. In fact, many Republicans feel the whole border wall has been debased to the levels of a mindless tug of war in the Congress. The President, with his usual penchant for theatrics, went to a government shutdown if he did not receive funding for his campaign.
Buy A Brick, Build The Wall
In such a situation, US Rep. Warren Davidson (R-OH), in a recent interview given to NPR, stated that other options are being investigated; one could be the use of blockchain technology. He and his Republican have been planning for things in homes. Some of the plans such as Crowdfunding and voluntary contributions are already more than just idle thoughts. Rep Davidson had introduced to "Buy a Brick, Build the Wall". The idea was to let the State Treasury accept any donations into a trust fund. Thus giving the people who support Mr. Trump an opportunity to actively participate and contribute, towards an issue.
What Was Actually Stated
While the bill itself did not specifically explore the possibilities offered by blockchain in any concrete way, the interview with NPR gave a clearer picture of what Mr. Davidson has in mind. Whilst in conversation he said:
"Could you do this with crowdfunding site. Or you could even do blockchain, and you could have wall coins. But you could raise the money. And frankly, if you get it right at the Treasury, you could even accept Mexican pesos. "
Mr. Davidson also advised the full border across the entire border, some parts would be simple fences, and the borders of India and Bangladesh. This is not the only thing that you can not find in the Great Wall. of China, this is going to build secure fences. "
Wall Coin Or No Coin
Mr. Davidson's DC office confirmed that there are no immediate plans to build a crypto token or token for the funding of the wall. While the idea is certainly enticing, the fact that it is going to be no "wall coin" coming out anytime soon. Though the conservatives should be an ideal opportunity for a scam.
Clearly what was meant in that interaction was that. The wall will be built. Warren Davidson is one of crypto's strongest advocates in Congress. Hosted an event where close to 100 representative of the crypto and finance sector attended and discussed the framework of possible legislation for initial coin offerings.
Future Prospects
While that might be the end, for the moment, of this story; there is still the fact that President of the United States has a strong voter base that has been morally supported his border wall strategy. If the Border Wall Trust Fund becomes a reality, it would certainly give those supporters a more controversial idea.
And blockchain could still play a role in this. From having Smart contracts I know that funds are disseminated based on achieving certain milestones. Government bonds could be issued on the blockchain. Regardless of their political affiliation, one has to remember these times. It will certainly boost the entire industry.
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