United States Senator Cynthia Lummis has always been vocal about her love for Bitcoin, being a BTC holder herself. Lummis stated in an interview with Semafor that the crypto winter had not changed her mind about Bitcoin and that she still wanted to see the asset incorporated in 401(k) retirement plans in the United States.
Senator Lummis stated, “I’m very comfortable with making sure that people can include Bitcoin in their retirement funds because it’s just different than other cryptocurrencies.”
Recently, Lummis said Ether is now a security following the Merge event, and it’s starting to look more like bitcoin is the only thing that would qualify as a commodity.
Lummis is attracted to the decentralized and scarce nature of bitcoin, noting, “I personally believe that because there are only going to be 21 million Bitcoin that are mined, that Bitcoin will go up. That’s a personal belief, just based on its scarcity.”
Recently, Lummis has been pushing her bipartisan bill titled ‘Responsible Financial Innovation Act’ since the FTX collapse and is planning to reintroduce the bill in January with only “minor changes,” like clarified definitions for terms like “digital assets.”
Also Read:Â US Senator Cynthia Lummis says ‘Bitcoin can’t be Stopped’
