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Home ยป US Senator Makes Bold Statements Regarding Bitcoin BTC
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US Senator Makes Bold Statements Regarding Bitcoin BTC

By adminJul. 12, 2024No Comments2 Mins Read
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US Senator Makes Bold Statements Regarding Bitcoin BTC
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Title: US Senator Makes Bold Statements on Bitcoin’s Potential

US Senator Cynthia Lummis, a prominent advocate for Bitcoin and cryptocurrencies, recently discussed Bitcoin and digital asset policies, emphasizing the importance of individual freedom when it comes to money. In an interview with Fox Business, Lummis expressed her opposition to the issuance of Central Bank Digital Currencies (CBDCs) and instead highlighted Bitcoin’s potential to strengthen the US Dollar as a reserve asset.

Lummis firmly stated her opposition to CBDCs, arguing that they serve as a tool for government surveillance of the American people. She believes that integrating Bitcoin into the US financial system could enhance the strength of the US Dollar and ensure financial sovereignty for individuals. Lummis emphasized the need for individuals to have the ability to hold and control their own Bitcoin wallets, enabling unrestricted access to their funds.

In addition to her statements on Fox Business, Lummis also shared her views on Bitcoin and digital assets on her social media account. She expressed confidence that Bitcoin and digital assets will play a significant role in the future.

Cynthia Lummis, also known as the “Crypto Queen” in the Senate, has been a supporter of Bitcoin since 2013 when she purchased her first Bitcoin at $330, owning a total of 5 Bitcoins. However, she advises that her statements should not be considered as investment advice.

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