Senator Cynthia Lummis from Wyoming is known to many as a supporter of blockchain technology and digital currencies. She bought bitcoins several times over the summer.
The last purchase dates from August 16 at the time the senator acquired BTC for $ 100,000. Lummis herself indicated such data in the reporting documents submitted to the supervisory authorities.
The politician said yesterday that in the medium term, most cryptocurrencies are going to leave the market. However, Bitcoin isn't going anywhere.
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This tool came into the modern economy to become a part of it. This is a kind of standard based on a unique technology. Unlike many altcoins, BTC is indeed decentralized.
Lummis emphasized: "Bitcoin is the standard. Other cryptocurrencies need to be evaluated in a completely different way since they were created in different conditions."
The senator has previously repeatedly stated about the weakening of the dollar on the world stage. According to the politician, capital will continue to gradually move into the crypto sphere, and accordingly, the share of the US currency will inevitably decrease. Inflation will only accelerate this process, as investors will more actively go to alternative assets.