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[aryan4]

The last episode of The Pomp Podcast was hosted by US Wyoming Senator Cynthia Lummis. Lumnis said he sees Bitcoin (BTC) as a great store of value and thinks the asset should be part of people's investment portfolios.
According to a U.Today report, Lummis plans to set up a "Financial Innovation Group" in the US Senate to educate members and employees about Bitcoin and other opportunities in the cryptocurrency industry.
Do you think this group can be created?

 

[fastmoney1]

The idea of educating about the management, uses and other advantages that cryptocurrencies give us seems great to me, if the creation of this group is for that purpose, it is welcome.

 

[Niftyicon]

She has such good things to say about bitcoin that I cannot help but wonder how big her btc investments are. The group is also a very good idea and would go a long way in sensitizing people about bitcoin.

 

[achawaskey]

In as much she is the one leading on the motion, I think she stand a chance of making them believed in her and further increase bitcoin acceptance.

 

[BullyMaguire]

And she's definitely right, people should learn how to invest and invest in Bitcoin it will surely benefits us. Ofcourse she have investments on Bitcoin that's why she's promoting it. But it's all good who doesn't want their investment to bloom right? All we need to do is join and follow them

 

[Brain]

I believe lumnis is really right about this one. If one intend to use bitcoin as a store of value then it isn't bad at all because one can buy and sell in future to make huge money

 

[fastmoney1]

I believe lumnis is really right about this one. If one intend to use bitcoin as a store of value then it isn't bad at all because one can buy and sell in future to make huge money

You are very successful in your comment about the lumnis company, if any company or person wants to use bitcoin as a stock or value reserve, they can dedicate themselves to the purchase of this cryptocurrency

 

[Brain]

You are very successful in your comment about the lumnis company, if any company or person wants to use bitcoin as a stock or value reserve, they can dedicate themselves to the purchase of this cryptocurrency

Yeah that's exactly what lumnis is advocating. People buy it now and store as assets and the good thing is that it can be resold in future and fortune might even be made.

 

[fastmoney1]

Yeah that's exactly what lumnis is advocating. People buy it now and store as assets and the good thing is that it can be resold in future and fortune might even be made.

Likewise, both lumnis and other large financial companies play an important role by buying bitcoin now and storing it waiting for the increase of the cryptocurrency and obtain huge profits.

 

[GoldenLady]

The last episode of The Pomp Podcast was hosted by US Wyoming Senator Cynthia Lummis. Lumnis said he sees Bitcoin (BTC) as a great store of value and thinks the asset should be part of people's investment portfolios.
According to a U.Today report, Lummis plans to set up a "Financial Innovation Group" in the US Senate to educate members and employees about Bitcoin and other opportunities in the cryptocurrency industry.
Do you think this group can be created?

It would be a good idea to educate people about Cryptocurrency, but coming from the government who I never trust, I don't like it.

They usually have ulterior motives, and cryptocurrency is something they've not really been comfortable with.

 

[fastmoney1]

They usually have ulterior motives, and cryptocurrency is something they've not really been comfortable with.

It would be a good thing to receive all the information supplied that they want to give and be cautious of the information given, it is true with the US government you should always have the forecasts never do anything without looking for their own interests.

 

[Brain]

Likewise, both lumnis and other large financial companies play an important role by buying bitcoin now and storing it waiting for the increase of the cryptocurrency and obtain huge profits.

Exactly, the strategy that is put in place by large companies and other influencers. Buying of high volume of btc is ongoing now and there are bought for a long term investment