The defense of Bitcoin took on a new bullish dimension as Senator Cynthia Lummis reiterated her confidence in the asset class as a viable asset class.

In an interview with Hard Money host Natalie Brunell, Senator Lummis boldly asserted that Bitcoin “cannot be stopped” after the host pointed out how many people still don’t understand crypto as a “powerful tool” that can change lives. .

“I love that it can’t be stopped, especially because I’m worried about our national debt, I’m worried about inflation… We see things that are inflationary… It’s actually comforting to know that Bitcoin is there,” the senator said. .

In the US Senate chamber today, Senator Lummis is way ahead of the curve in being awakened to the potential of digital currency. His defense is firsthand as he acquired his first Bitcoin in 2013 at a price of $320. With her Bitcoin growing to almost $70,000 in November 2021, she was more convinced that the nascent asset is worth hedging against inflation.

As a legislator, Sen Lummis confirmed that she did not sell any of her Bitcoin holdings and even acquired more last year. As she pointed out, one of her focuses now is to join in educating other legislators to see how the new asset works.

“As people learn more about Bitcoin and become comfortable and familiar with an asset that is online, they will begin to see it as…behind them, and they will have it for their long-term savings and long-term future.” “.

Her defense of Bitcoin and the broader crypto world made her the brains behind the bipartisan compromise that was contained in the crypto clause in the Infrastructure Bill that passed last year. Her latest public comments on Bitcoin show that she still believes that the cryptocurrency it is a type of currency favorable to freedom.

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