Sen. Lummis Predicts Bitcoin's Growth Will Outpace US Dollar

Reported 2 days ago

Senator Cynthia Lummis has expressed strong optimism for Bitcoin, claiming its long-term growth potential significantly surpasses that of the US dollar. In a recent interview, she highlighted the importance of a US strategic bitcoin reserve and referred to Bitcoin as 'digital gold', emphasizing its finite nature with only 21 million coins ever to be mined. Despite short-term volatility, she believes Bitcoin's annual growth rate of about 55% will ensure its value increases over time, contrasting it with the declining value of the US dollar.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis