Does Bitcoin finally have an advocate at the highest levels of the US government?
In an interview to the ABC News GMA3 program: What You Need To Know on Friday, senator-elect Cynthia Lummis again expressed her support for the popularization of Bitcoin, even saying she „hopes to bring Bitcoin to the national debate market.
Cointelegraph Consulting: How the US elections may affect the price of Bitcoin
In a Twitter clip, the future senator representing Wyoming – possibly the highest ranking U.S. authority that has spoken so enthusiastically about digital currency – cited her experience as a former state treasurer to explain why she believes in the future of Bitcoin.
„I am a former state treasurer and I invested the permanent funds of our state, so I was always looking for a good reserve of value, and Bitcoin fits in. Our own currency inflates; Bitcoin does not. There are 21 million Bitcoins that will be extracted and that is it, it is a finite supply. Therefore, I am confident that this will be an important player in the value reserve for a long time. ”
Ripple requests registration of a new trademark in the USA
The senator also seemed to ignore the implication of GMA3 host Sara Haines that Bitcoin could be used for money laundering or tax evasion, choosing not to address these charges.
As the Cointelegraph published earlier, Lummis is one of the first to adopt Bitcoin, having acquired the currency for the first time in 2013 after a tip from her son-in-law, Will Cole, who works at the cryptomime service company Unchained Capital.
Before Congress, regulators challenge U.S. pace in developing national digital currency
While some in Congress took a warm approach to cryptomime, such as Florida representative Darren Soto, who accepted campaign contributions donated in cryptomime, few – if any – were as expressive of his support as Lummis.
While many vehicles have noted that Lummis is the first female Wyoming representative in the Senate, many in the world of cryptomoeda no doubt expect her to be the first true Bitcoin representative as well.