US Senator Lummis: BTC Will Be Important In The Long Run

The new Senator Lummis Cynthia, commented on Bitcoin and its importance in the long-run since she has been keeping a coin since 2013 and is determined to put it at the forefront of the US political debate. In today’s bitcoin news we read more about her stance.

Cynthia Lummis was recently elected as the first female pro bitcoin senator and she is more than ready to make history. Lummis became a senator from Wyoming after winning over the democratic candidate Mike Enzi. She has a long career in politics but only a few people know about her proud past as a BTC holder. Lummis’ story doesn’t seem to be stuck in the past only as she is ready to give an improved future to the BTC ecosystem by putting the debate on the benefits of Bitcoin adoption on the US political agenda.

The US Senator Lummis wants to talk more about Bitcoin on top of the political debate as in an interview with “Good Morning America” she spoke about the many advantages of BTC and its appeal as a store of value which is something that she learned in the time she spent in Wyoming’s State Treasury. She said:

“I do hope to bring bitcoin into the national conversation. I’m a former state treasurer, and I invested our state’s permanent funds. So I was always looking for a good store of value, and bitcoin fits that bill.”

The senator discussed how the scarcity of the number one cryptocurrency provides a competitive advantage over the inflationary US dollar and said that it was one of the main reasons to invest in BTC as the best storage value tool. Lummis said that there are 21 million BTC only with no further emissions and she thinks that this resistance to manipulation will be a huge component of the geopolitical debate in the future. She continued:

“Our own currency inflates; bitcoin does not. 21 million bitcoin will be mined, and that’s it. It’s a finite supply, so I have confidence that this is going to be an important player in stores of value for a long time to come.”

Cynthia Lummis expressed her preference for BTC since she revealed she purchased her first BTC in 2013 after learning about its properties. She said that Bitcoin is a part of her investment portfolio comparing it to gold as a means of preserving the value or her labor in time.