free page hit counter

In an interview with the ABC News program GMA3: What You Need to Know On Friday, senator-elect Cynthia Lummis reiterated her support for the popularization of Bitcoin, going as far as “hoping to bring Bitcoin into the national conversation.”

In a clip that has been wide circulating on Twitter, the future senator representing Wyoming – possibly the highest-ranking US official to ever speak so glowingly about the digital currency – cited her experience as a former state treasurer for why she believes in the future of Bitcoin.

“I am a former state treasurer and I have invested our state’s permanent resources, so I was always looking for a good store of value, and Bitcoin fits that plan. Our own currency is rising; Bitcoin is not. 21 million Bitcoin to be mined, and that’s it, it’s a finite supply. So I’m confident this will be a major player that will remain of value for a long time to come. ”

The senator also seemed to ward off GMA3 host Sara Haines’s implication that Bitcoin could be used for money laundering or tax evasion, opting not to address these charges at all.

As Cointelegraph previously reported, Lummis is an early adopter of Bitcoin, after picking up the currency for the first time in 2013 following a tip from her son-in-law, Will Cole, who works at cryptocurrency service provider Unchained Capital.

While some in Congress have embraced lukewarm cryptocurrency, like Florida Representative Darren Soto, accepted campaign contributions donated in cryptocurrency, few – or all – have expressed their support as much as Lummis.

While many outlets have noted that Lummis is Wyoming’s first female representative to the Senate, many in the cryptocurrency world are undoubtedly hoping that she will also be the first true representative for Bitcoin.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *