• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Senator Lummis Highlights Bitcoin as ‘Freedom Money’ for Americans

user avatar

by Giorgi Kostiuk

7 hours ago


Senator Cynthia Lummis, a long-time supporter of cryptocurrency, emphasized Bitcoin's significance by calling it 'freedom money,' which amplifies discussions on its role in American finance.

Bitcoin as a Means of Financial Independence

Senator Lummis believes that Bitcoin empowers Americans to manage their finances without relying on traditional financial institutions. In an era of rising inflation, government debt, and bank closures, this idea resonates with both crypto enthusiasts and everyday citizens.

Bitcoin's Role in American Politics

Lummis asserts that Bitcoin can act as a hedge against inflation, promoting financial independence and offering an alternative to centralized banking. Her focus on the opportunities Bitcoin opens for personal and national freedom highlights its potential as a tool for changing the financial system.

Support for Bitcoin in Washington

Senator Lummis is one of the few lawmakers openly supporting Bitcoin in the U.S. Congress. Her involvement may help push for regulatory clarity and influence other politicians in Washington to take this asset seriously.

Support for Bitcoin from politicians like Lummis shapes a positive future for cryptocurrencies in the U.S., linking them to values of freedom and independence.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Corporate Accumulation of Bitcoin: The Road to $1 Million

chest

An analysis of the potential reasons behind Bitcoin's price increase and its future impact.

user avatarGiorgi Kostiuk

Ethereum Surges Above $3,800: Factors Behind the Rise

chest

Ethereum has crossed $3,800 again, signaling a recovery in the crypto market. Attention is now on the $4,000 resistance level.

user avatarGiorgi Kostiuk

Galaxy Digital Executes One of the Largest Bitcoin Sales in History

chest

Galaxy Digital completes a historic $9 billion bitcoin sale, underscoring institutional asset management maturity.

user avatarGiorgi Kostiuk

Bitcoin Demonstrates Resilience Despite $9 Billion Whale Sell-off and Ethereum Surge

chest

Bitcoin maintains its position amid significant sell-offs and the rising trading volumes of Ethereum futures.

user avatarGiorgi Kostiuk

Lido Finance Loses Market Share in Ethereum: What’s Happening?

chest

Lido Finance's share in the Ethereum staking market has decreased to 25% — the lowest level since March 2022. Causes and consequences of the situation.

user avatarGiorgi Kostiuk

The GENIUS Act and Elizabeth Warren's Role in Crypto Regulation

chest

Elizabeth Warren and Republicans debate the GENIUS Act: financial stability threat or impetus for innovation?

user avatarGiorgi Kostiuk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.