Bitcoin is named the best cryptocurrency for maintaining stability in the US

Representative of the Republican Party Cynthia Lummis has shared her opinion on the rising inflation in the United States — Americans need to invest their savings in cryptocurrencies to save their wallets, Senator Cynthia Lummis is convinced.

In a recent interview, Senator Cynthia Lummis of Wyoming reiterated her support for digital assets and bitcoin in particular. According to Lummis, bitcoin is «unstoppable» — governments cannot confiscate cryptocurrencies without reason, which is the main advantage of digital assets. That’s why, in the current economic situation, Americans should pay attention to Cryptocurrencies to save their savings, Cynthia Lummis believes.

«I see people in my home state of Wyoming being forced to turn to food banks. They need gas to get to work, so they have to choose between fuel and food. The value of the dollar is falling, and people are buying half as much food as they used to. It is critical to draw people’s attention to assets that will exist in the long run. Bitcoin is one such asset, and I’m glad it exists at all,» Lummis shared her thoughts.

At the end of July, Cynthia Lummis drafted a bill that would integrate digital assets into the American financial system. And representatives of the Republican Party proposed to amend the Bill of Rights to legally recognize cryptocurrency ownership as an inalienable right of Texas residents. In this way, Texas wants to protect the region, which is one of the leaders in cryptocurrency mining, from a possible ban on digital assets by the federal government.