Newly elected Wyoming State Senator Cynthia Lummis, while appearing on the podcast, emphasized herShe hopes to present BTC at the government level because she believes that the cryptocurrency should coexist with fiat currencies.
Cynthia Lammis became the only elected female senator in the 2020 election and the first female senator from South AustraliaWyoming, in addition, it has long kept bitcoins, having made the purchase of cryptocurrency in 2013.
During an appearance on Peter McCormack's podcast titled What Bitcoin Did, the presenter suggested that Lammys would receivein the crypto community the status of "bitcoin senator."
Lammys acknowledged that most government officials fear cryptocurrency because they don't understandHowever, the situation may change, and she plans to"help to understand how bitcoin can function at the same time as fiat currencies."
In addition, the senator is convinced that bitcoin is "a better means of saving than a fiat currency."
«In the case of the US currency, inflation is built into the Federal Reserve's plan for the US dollar. So it's no surprise that our purchasing power is being eroded.
She described the policy as "extremely disappointing," especially for people approaching retirement age.At the same time, she noted that bitcoin provides a more stable value, especially for walkers.
The politician agreed with the position of Coinbase CEO Brian Armstrong and several U.S. congressmen, who expressed fears that the adoption of cryptocurrenciesthe country will start to fall apart from other states.
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