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Thank God For Bitcoin Senator Cynthia Lummis Says On US Debt Limit Raise

  • “Thank God for Bitcoin…that transcends the irresponsibility of governments,” Senator Cynthia Lummis mentioned.
  • Sen. Lummis’ remarks got here in response to the Senate’s approval of a invoice to enhance the U.S. debt restrict by $480 billion.
  • “Time and again…presidents of both parties have run up the debt irresponsibly with no plan to address it.”

Bitcoin is a blessing of God amid irresponsible insurance policies on the authorities stage, mentioned Senator Cynthia Lummis in a speech to the Senate. The Senator supplied her perspective on how Bitcoin may also help folks keep immune to “irresponsible” financial insurance policies.

“One of the reasons I became so interested in non-fiat currencies is because they’re not issued by a government. Bitcoin is not issued by a government.”

On October 7, the Senate permitted a invoice to assist the U.S. keep away from a default on its debt within the subsequent few weeks. The settlement permits a rise of $480 billion to the debt restrict, “a sum the Treasury Department estimates will allow it to pay bills until December 3,” CNBC reported.

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