Below is a rough auto-transcript of a hearing held last week entitled “The Future of Money: Digital Currency” (video available at previous link).
The witnesses were:
- Dr. Rodney J. Garratt, Maxwell C. and Mary Pellish Chair, Professor of Economics, University of California Santa Barbara
- Dr. Norbert J. Michel, Director, Center for Data Analysis, The Heritage Foundation
- Dr. Eswar S. Prasad, Nandlal P. Tolani Senior Professor of Trade Policy, Cornell University
- Mr. Alex J. Pollock, Distinguished Senior Fellow, R Street Institute
We have not yet gone through the hearing record exhaustively and produced a selection of “pull quotes” of interest. However, the transcript with links to the hearing video is reproduced here anyway, as it might be useful to some. (Watch this space for further excerpts and comments, once we analyze the record fully).
TRANSCRIPT GUIDE AND ADVISORY:
- The transcript was produced by a text-to-speech process performed automatically by a third party service outside of our control.
- KrowneLaw does not vouch for its accuracy; indeed, we guarantee it is inaccurate.
- As such, each snippet of translated text is linked directly to the point in the video at which it occurs (popup in separate window/tab). Please use this functionality to confirm exactly what was said in each case.
- The hearing may cover a wide variety of topics; thus, cryptocurrency/blockchain-related terms have been highlighted to assist in quick location of the relevant passages (this highlighting is by no means exhaustive, however).
- The breaks in the text coincide roughly with changes in topic/changes in Congressperson leading the questioning. They do not correspond to changes in speaker; thus, each block usually represents multiple speakers, including those on “opposing sides.” You must listen to each particular segment in the video to determine who is speaking and to get the full context (and therefore, meaning).
Scroll box with transcript follows:

