Incoming Senator hopes to ‘bring Bitcoin into the national conversation’

Incoming Senator hopes to ‘carry Bitcoin into the nationwide dialog’

In an interview with the ABC Information program GMA3: What You Want To Know on Friday, senator-elect Cynthia Lummis once more voiced her assist for the popularization of Bitcoin, going as far as to say that she does “hope to carry Bitcoin into the nationwide dialog.” 

In a clip that has been broadly circulating on Twitter, the soon-to-be-senator representing Wyoming — probably the best rating US official to ever communicate so glowingly of the digital foreign money — cited her expertise as a former state treasurer for why she believes in Bitcoin’s future.

“I’m a former state treasurer and I invested our state’s everlasting funds, so I used to be at all times on the lookout for an excellent retailer of worth, and Bitcoin suits that invoice. Our personal foreign money inflates; Bitcoin doesn’t. It’s 21 million Bitcoin will likely be mined, and that’s it, it’s a finite provide. So I’ve confidence that this will likely be an necessary participant in retailer of worth for a very long time to come back.”

The Senator additionally appeared to brush off GMA3 host Sara Haines’ implication that Bitcoin might be used for cash laundering or tax evasion, selecting to not handle these costs in any respect.

As Cointelegraph has beforehand reported, Lummis is an early adopter of Bitcoin, having first picked up the foreign money in 2013 following a tip from her son-in-law, Will Cole, who works at cryptocurrency providers agency Unchained Capital. 

Whereas some in Congress have tepidly embraced cryptocurrency, reminiscent of Florida consultant Darren Soto, who accepted marketing campaign contributions donated in cryptocurrency, few — if any — have been as vocal about their assist as Lummis.

Whereas many shops have famous that Lummis is Wyoming’s first feminine consultant to the Senate, many within the cryptocurrency world little doubt hope that she’ll be the primary true consultant for Bitcoin as effectively.