Both Senators from Georgia are notorious for putting Wall Street trading at the top of their daily calendar and now Lummis believes using the USA Treasury to back Bitcoin is the end of the national debt. Amazing.
Former cattle rancher, Cynthis Lummis
Senator-elect Cynthia Lummis (click here) plans to broaden the coversation in Congress around bitcoin when she assumes office in January.
On an episode of the What Bitcoin Did podcast on Monday, the Wyoming Republican said bitcoin is a great store of value and can help tackle one of her biggest concerns-the US national debt.
Lummis said the US needs to develop a plan to retire the debt, and also needs to develop an "alternative path" in case that fails.
"I see the alternative half as bitcoin, because you have the ability to invest in something that has stability in the store of value," Lummis said....
Senator-elect Cynthia Lummis (click here) plans to broaden the coversation in Congress around bitcoin when she assumes office in January.
On an episode of the What Bitcoin Did podcast on Monday, the Wyoming Republican said bitcoin is a great store of value and can help tackle one of her biggest concerns-the US national debt.
Lummis said the US needs to develop a plan to retire the debt, and also needs to develop an "alternative path" in case that fails.
"I see the alternative half as bitcoin, because you have the ability to invest in something that has stability in the store of value," Lummis said....
