After the US election, Bitcoin could have a new advocate in a high position.
In an interview with ABC News, the newly elected US Senator Cynthia Lummis reiterated her support for Bitcoin (BTC), specifically mentioning that she „hopes to bring Bitcoin into the national debate“
In an excerpt from the program „Good Morning America“ (GMA), the soon-to-be senator from Wyoming made the appropriate statements, referring to her experience as former Treasury Secretary of the state. Lummis is thus probably the highest-ranking politician who appears as an advocate for the market-leading cryptocurrency.
“I am the former Treasury Secretary of our state and invested its permanent sovereign wealth fund. I was looking for a good store of value and found it at Bitcoin. Our own national currency is affected by inflation, but Bitcoin is not. A total of only 21 million Bitcoin will be mined and that’s it. There is only a limited amount in circulation. I am therefore confident that they will become an important player in store of value in the future, and for a long time to come. “
At the same time, the senator weighed down moderator Sara Haines‘ suggestions that Bitcoin would be used for tax evasion and money laundering. She did not go into this further
As previously reported by Cointelegraph , Lummis is an early adopter of Bitcoin. The politician had already started investing in cryptocurrency in 2013 after her son-in-law Will Cole, who works for the crypto company Unchained Capital, convinced her to do so.
While the media primarily emphasizes that Lummis is Wyoming’s first female senator, the crypto community is hoping that she will also be the first MP to stand up for Bitcoin.