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US senator Cynthia Lummis from Wyoming is ‘excited' and wants to buy more Bitcoin

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Shivangi Mujumdar Follow

INDIA

Jun, 26 2021

Jun, 26 2021

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US senator Cynthia Lummis excited and buying more bitcoins. The reason behind buying more coins is dip in the price of bitcoins. On 24th June 2021, this news secured its place. In an interview with Fox Business, she mentioned how she felt after the fall of Bitcoin price. The price was reduced to $30 lack which made her very excited. 

This is a miracle that came true and the senator replied “I am excited for more drop in the price of Bitcoin so that I can buy more”. 

 

story shared by US senator  

US senator share previous story about the investment made in bitcoins. She said that’s her favorite stock was owned by the company named United Rentals. She mentioned how the price dropped after she bought the stock. She compares this example of previous investment with the recent fall of Bitcoin and believes that bitcoin fundamentals are good. 

Senator was asked a simple question if she wants any kind of regulation for Bitcoin. She replied that she will be happy with a level playing field. She also added some points that cryptocurrency and digital assets should be preserved for the future. They are valuable assets with innovative increased market value. 

 

Previous revelation by US senator 

US senator Lummis revealed one secret from last year’s experience. She said she was the biggest Bitcoin holder. She was not clear about the difference between decentralized public Ledger and fixed supply. 

She believes that Bitcoin is a valuable store of assets. She will discuss the benefits of Bitcoin and will convince her colleagues. She has taken the initiative to convince colleagues about the importance of Bitcoin. 

 

 

 

 


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Shivangi Mujumdar

CBW - External Analyst

INDIA

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