HOUSE_OVERSIGHT_029963.txt

The document discusses two Bitcoin hearings held by Senate committees and how they could have been a disaster for the Bitcoin community. However, the hearings turned out to be successful due to the efforts of Bitcoin advocates engaging with federal regulators, lawmakers, and other influential figures in Washington DC. The Bitcoin Foundation's Patrick Murck testified before the Senate Homeland Security and Government Affairs Committee during one of the hearings. The document also mentions that Steven Sinofsky is up 50% on his Bitcoin investment.