In an Interview, Cynthia Lummis said that Crypto assets have been placed alongside the funds in retirement portfolio. And we have to understand the potential in the long term.
Cynthia Marie Lummis Wiederspahn is an American politician and attorney serving as the junior United States Senator from Wyoming and also she is a crypto friendly personality of the U.S which keeps supporting Bitcoin and crypto assets.
In an interview on Tuesday at CNBC outlet, Cynthia Lummis talked about Bitcoin. She said that Bitcoin is a good asset to Store value. And it should be part of your retirement portfolio.
And also she said that the Dollar can’t be a good option to Invest your money in the long term.
“Okay well, I would like to see cryptocurrency, like Bitcoin, become part of a diversified asset allocation that is used in retirement funds and other opportunities for people to save for the future,”
Further she added with his point of view on Bitcoin and Cryptocurrency. Whether you’re an employee or something else, but at the end you should have your retirement funds in Bitcoin & Cryptocurrency because that is worth a better store to value.
The Wyoming senator‘s one of the crypt-friendly personalities of the U.S. is much eager to suggest people for bitcoin adoption time to time.
She talked about Bitcoin a long time back on a television show and she talked about the education in Cryptocurrency and she forced people to see bitcoin as crypto assets, a good store of value because this is only Bitcoin which can give value to your Investment. And if you will go through the traditional modes of investment then surely you will get your money back instead of profit.
Indirectly she tried to criticize the US Dollar for not sustaining its value. In the last two year there has been a surge of more than 2% in the value of the Dollar.