US Senator Cynthia Lummis bought BTC worth up to $ 100,000 in August
US Senator Cynthia Lummis bought BTC worth up to $ 100,000 in August
The Republican Senator Cynthia Lummis accumulated further bitcoins worth $ 50,001 to $ 100,000 in mid-August. A spokeswoman for her office said that the purchase was not announced due to a "submission error".
Charge with more BTC
like reported by CNBC, the US Senator-Cynthia Lummis-revealed in a recently submitted submission that on 16th
The Stock Act from 2012, however, requires all congress members to announce such transactions within 45 days. Lummis did not comply with the deadline for a "filler error", said a spokesman for the Senate Office:
"When we recognized this, we worked with the ethics committee to fix it. It was an honest mistake, and the problem was solved without punishment."
It is worth mentioning that the politician is a long-time Bitcoin holder. In June, lummis She has five BTC, which she bought in 2013 when the USD value of the financial value was $ 300 per piece.
With the upgrading compared to the dollar within this time, its investment has multiplied with today's courses by a factor of 100 and she previously stated that she was not planning to sell her BTC stocks.
Why should people invest in BTC?
cynthia lummis, known as Wyoming's first senator, is not only a BTC owner, but also a passionate supporter of the primary digital asset. In her earlier interviews, she explained why it is such a valuable investment tool.
It started to describe Bitcoin as a successful, long -term, long -term value -based value -based, which can be of great benefit as a pension fund:
"I would like cryptocurrencies like Bitcoin to become part of a diversified wealth allocation that is used in pension funds and other opportunities for people for the future. No matter whether they are an employee who has a pension fund - I would like to see that these pension funds are invested in Bitcoin and other cryptocurrencies are. “
In addition, she brought up the well -known maximum upper limit of Bitcoin of 21 million coins, which makes it a security against increasing inflation in the USA. As such, the leading cryptocurrency would play an important role in the future financial system, lummis called :
"Our own currency does not bless; Bitcoin. 21 million Bitcoin are dismantled, and that is it. It is a limited offer, so I am confident that this will be an important player in the value storage for a long time."
In addition, Bitcoin could improve the economy of developing countries around the world and thus offer the local population a better lifestyle. Lummis pointed to El Salvador and his decision, adopt the asset as a legal means of payment in the assumption that money traffic and monetary efficiency after the initiative would increase to another level.Selected image with the friendly approval of Yahoo
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