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Massive Government Spending Accelerating Crypto Adoption, Says Republican Senator Cynthia Lummis

Amy Liu

Summary: Republican Senator and Bitcoin proponent Cynthia Lummis said in an interview on the Fox Business cable network today that massive government spending is accelerating crypto adoption. She called for a crypto regulatory sandbox and support to attract Bitcoin miners to set up in US states. On Twitter she stated that “big gov’t spenders are (accidentally) ...

Republican Senator and Bitcoin proponent Cynthia Lummis said in an interview on the Fox Business cable network today that massive government spending is accelerating crypto adoption. She called for a crypto regulatory sandbox and support to attract Bitcoin miners to set up in US states.

On Twitter she stated that “big gov’t spenders are (accidentally) doing far more to accelerate the adoption of digital assets than I am,” and asserted that the debasement of the U.S. dollar is driving citizens to store value in digital assets such as Bitcoin. 

By Amy Liu

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Link: Massive Government Spending Accelerating Crypto Adoption, Says Republican Senator Cynthia Lummis   [Copy]
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