Senator Cynthia Lummis Advocates For Bitcoin Reserves To Strengthen US Dollar. Cynthia Lummis, a 69-year-old U.S. Senator from Wyoming, is known for her strong advocacy for Bitcoin. She views Bitcoin as a reliable store of value and a hedge against inflation, promoting its potential to revolutionize the financial system. As a member of the Senate Banking Committee, Lummis supports creating a regulatory environment that encourages innovation in the cryptocurrency sector while protecting consumers.On 12 July 2024, In an interview, Cynthia Lummis emphasized that having Bitcoin in reserve could help maintain the strength of the US dollar. https://yakihonne.s3.ap-east-1.amazonaws.com/6789a15735d4ac7cb13396ac59a0bdc813680111b9df4a7ff2497a364c869fb9/files/1720833541413-YAKIHONNES3.jpg
Cryptonews Bitcoin News, United States Senator Cynthia Lummis (R-WY) has advocated for Bitcoin to be held as a reserve currency, suggesting that it could support the strength of the U.S. dollar. In a TV interview with Fox Business, Senator Lummis expressed her belief that having Bitcoin in reserve could help maintain the strength of the U.S. dollar, stating, "We know we want the US dollar to remain strong, and actually having Bitcoin in reserve can help the US dollar remain strong"