U.S. Senator Cynthia Lummins was talking at the CNBC Financial Advisor Summit recently. The topic: U.S. resident’s retirement strategies.
The U.S senator claimed that U.S residents should consider bitcoin when planning their retirement strategies. Cynthia Lummins is well-known for being a bitcoin bull.
Cynthia Lummins stated:
“The Congress spends trillions and trillions of dollars, and is flooding our economy and the world economy with U.S. dollars, there’s no way that we cannot debase the value of the U.S. dollar (…) I’d also like to see individuals be able to use Bitcoin and cryptocurrencies of their preference that are safe, that have met the hurdles of anti-money laundering and Bank Secrecy Act.”Cynthia Lummins, U.S senator
It’s getting clearer: bitcoin is establishing in the broader financial sector.
Recently, DEFI TIMES reported how Ark Invest filed for a bitcoin ETF.
If the SEC approves one of the several bitcoin applications is yet to see.
But a senator that encourages residents to consider bitcoin as part of their retirement strategies, combined with several bitcoin ETF filings, makes the trend clear!
Bitcoin is getting mainstream!