Cynthia Lummis wrote on Twitter that the state is interested in attracting those involved in the extraction of the main cryptocurrency (Bitcoin), and urged them to get in touch.
Wyoming Republican Senator Cynthia Lummis has urged bitcoin miners to move to Wyoming. She wrote on Twitter that the state is interested in attracting miners of the first cryptocurrency (Bitcoin).
The politician in an interview with CNBC called bitcoin a great invention, stimulating a lot of innovations. Lummis also recalled the adoption of bitcoin as an official means of payment in El Salvador. In her opinion, this would greatly simplify the process of sending money to El Salvador by people who work abroad.
PS – If you are in the #Bitcoin mining space, please reach out. We WANT you in Wyoming. https://t.co/OUPAEYTXTG
— Cynthia Lummis (@CynthiaMLummis) July 3, 2021
On June 23, Lummis announced the purchase of bitcoin at the bottom. She added that she is delighted with the purchase and will continue to invest in the cryptocurrency as its price declines.
U.S. Senator, @CynthiaMLummis, "I'm excited to buy the #bitcoin dip" pic.twitter.com/OHXiA6vhxi
— Documenting Bitcoin 📄 (@DocumentingBTC) June 23, 2021
The senator also called the advantages of bitcoin. The digital coin could contain the devaluation of the US dollar and other fiat currencies, she said.
Full CNBC interview:
Miners began to leave China and move to other countries at the end of May this year, when the Chinese authorities called for stricter regulation of mining and crypto trading.
In June, four provinces of the PRC introduced a ban on the extraction of digital assets. This led to a more than 50% drop in the bitcoin hash rate.
**US Senator Cynthia Lummis Calls On Pension Funds To Use Bitcoin
