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<p><strong>Cynthia Lummis</strong> believes the main <strong>cryptocurrency </strong>is mistakenly criticized for being green.</p>



<p>Wyoming Republican Senator <strong>Cynthia Lummis</strong>, <a href="https://reason.com/podcast/2021/06/16/sen-cynthia-lummis-why-im-all-in-on-bitcoin/" target="_blank" rel="noreferrer noopener">on the Reason podcast</a>, endorsed <strong>bitcoin </strong>and named the advantages of the main <strong>cryptocurrency</strong>. </p>



<p>The <strong>digital coin</strong> could contain the devaluation of the <strong>US dollar</strong> and other fiat <strong>currencies</strong>, <strong>Lummis </strong>said.</p>



<p>The senator also claims that <strong>bitcoin </strong>is mistakenly criticized for being environmentally friendly, since, on the contrary, the <strong>cryptocurrency </strong>stimulates the creation of new renewable energy sources in states such as Wyoming.</p>



<p>In May, <strong>Tesla </strong>company refused from using <strong>Bitcoin </strong>for non-ecological method of their production.</p>



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<blockquote class="twitter-tweet">
<p lang="en" dir="ltr">Tesla &; Bitcoin <a href="https://t.co/YSswJmVZhP">pic.twitter.com/YSswJmVZhP</a></p>
<p>— Elon Musk, the 2nd (@elonmusk) <a href="https://twitter.com/elonmusk/status/1392602041025843203?ref_src=twsrc%5Etfw">May 12, 2021</a></p></blockquote>
<p> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>



<p>The CEO of the company, <strong>Elon Musk</strong>, said that <strong>Tesla </strong>cannot afford to harm the environment, so it will not accept <strong>cryptocurrency </strong>as payment until it starts mining with renewable <strong>energy </strong>sources.</p>



<p>In June, the businessman confirmed that <strong>Tesla </strong>intends to resume accepting <strong>bitcoin </strong>when more than half of <strong>miners </strong>switch to renewable energy sources. The automaker now owns $ 1.6 billion in <strong>bitcoin</strong>, according to <strong>Bitcoin </strong>Treasuries.</p>


<blockquote class="twitter-tweet">
<p lang="en" dir="ltr">Did you see? </p>
<p>Elon Musk is catching flak again, but what&#8217;s it for this time? Sygnia CEO Magda Wierzycka lambasted him saying “What we have seen with Bitcoin is price manipulation by one very powerful and influential individual.&#8221; <a href="https://t.co/W5WYgGnKPR">https://t.co/W5WYgGnKPR</a></p>
<p>— Cointelegraph (@Cointelegraph) <a href="https://twitter.com/Cointelegraph/status/1404045922674302982?ref_src=twsrc%5Etfw">June 13, 2021</a></p></blockquote>
<p> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>



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