US Senator Cynthia Lummis to Ensure Congress Understands Bitcoin Is a ‘Great Store of Value’

Bitcoiner Cynthia Lummis has been elected to the U.S. Senate. She has printed that one of her priorities is to gift to her colleagues in Congress about bitcoin being “a large retailer of price.”


Cynthia Lummis Plans to Persuade Congress That Bitcoin Is a Immense Store of Price

Cynthia Lummis has been elected to record the state of Wyoming in the U.S. Senate, making historical past as the first lady to total so. She beforehand served in the U.S. Apartment of Representatives for eight years as a Wyoming conservative Republican.

In an interview with Fox Info on Tuesday, Lummis used to be asked: “What dwell you suggest on doing? What are your high priorities?” She explained that she plans “to work on several disorders, including matters to establish out to diminish our [national] debt and our deficit.” The Senator-elect elaborated:

I additionally conception to gift to my colleagues about bitcoin. I do know there isn’t noteworthy identified about bitcoin especially in Congress. So I are looking out to originate distinct every person understands that that is a huge retailer of price.

“It’s one thing that Individuals can exercise to diversify their sources and to originate distinct they’ve sources that don’t bear inflation built into them one of the best design the U.S. buck does,” Lummis opined.

Lummis bought her first BTC in 2013 and she is now a hodler. “I was struck by how modern bitcoin is with its decentralized public ledger and a fixed supply,” she beforehand stated. “Bitcoin to me has shown massive promise and can upward push as a viable different retailer of price to the U.S. buck both on the institutional stage and the non-public stage.”

No longer too prolonged prior to now, there used to be an initiative to coach participants of Congress on cryptocurrency. The “Crypto for Congress” initiative, launched in October by the Chamber of Digital Commerce, equipped a $50 bitcoin contribution to all 535 participants of Congress. The goal used to be to develop “the exercise and adoption of cryptocurrencies among Congressional candidates, elected leaders, and engaged citizens,” the chamber detailed.

Dangle you concentrate on Cynthia Lummis will attain educating Congress about bitcoin? Let us know in the comments allotment below.

Image Credit rating: Shutterstock, Pixabay, Wiki Commons, Cynthia Lummis

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