U.S. Rep. Patrick McHenry (R-N.C.) has urged the United States to spearhead Bitcoin (CRYPTO: BTC) innovation, underlining the necessity of understanding the technology to prevent ill-informed policy decisions. What Happened: McHenry, speaking at the Bitcoin Policy Summit in Washington D.C., portrayed Bitcoin as a beacon of liberty and an unstoppable technological force. He pointed out that even the most stringent regimes, such as the Chinese communist party, have failed to halt its progress, Bitcoin Magazine posted a video clip on X. McHenry, a known advocate for financial innovation, emphasiz…