Bitcoin is “Freedom Funds”, as Senator Senteya Lomes announces star-news.press/wp
Senator Centeh Lomes promoted the idea that Bitcoin (BTC) is a way to protect against inflation and is a way to long -term financial prosperity. BTC has been placed as a modern alternative to the US dollar, because it enables people during periods of economic insecurity.
Senator Cinniah Lomes says Bitcoin is a safe haven against inflation
Senator Cinemia Lomes used the latest Fox works To emphasize the role of bitcoin in personal financial independence. Digital assets were placed as a safe and non -central alternative to the US dollar amid inflation and high economic uncertainty.
Senator Wyoming stated that Bitcoin is a system that is not subject to government supervision, and its main characteristics are its transparency and limited availability. The conversation was also distinguished by the importance of BTC in helping ordinary Americans to address the issue of high cost of living.
Sinthia Lomes explained that Bitcoin provides a alternative to any central bank. She claimed that inflationary pressures and a decrease in the value of the dollar attract the increasing attention to Bitcoin as a long -term cash strategy.
The maximum cryptocurrency is 21 million major workers that contribute to its high value. This scarcity pays demand, especially with the continued growth of the institutional and global interest in the first place.
Sinthia Lomes notes that the mechanism of bitcoin scarcity is severely contradictory with the unlimited FIAT. This depicts the digital origin as a legal store of value not only by individuals but also by governments.
Sinthia Lomes stated that the current BTC price is consistent with the wider adoption trends. It also confirms its flexibility with the continued high demand around the world. Currently, Bitcoin price is 116,609 dollars, as it decreased by 1.67 % in the last day. The 24 -hour trading volume is approximately 104 billion dollars, an increase of more than 41 %.
Lummis shows a friend’s policies for encryption
These comments are one of the ways that Cynthia Lummis defends the integration of digital assets into the American financial system. Since last year, it has provided several legislative initiatives related to encryption and also justifies the importance of decentralized technologies during the Congress hearing.
The latest draft of the encryption law is the encryption tax bill that aims to cancel the tax double on bitcoin transactions. Senator also suggests an exception to the minimum transactions of less than $ 300. As Coingepe mentioned, the White House also confirmed Donald Trump’s support for encryption tax in some encryption transactions.
Meanwhile, Lummis earlier suggested the Bitcoin Law, which will show the United States to buy up to one million BTC over the next five years. The White House encryption policy report, which will be issued on July 30, will likely highlight the draft law as one of the progress made towards creating a strategic bitcoin reserve.
<!–
–>
pee
Paul Adedoyin is an encryption journalist with more than 4 years of experience that provides timely news, in -depth research, and insightful content to inform and empower his fans. His works appeared in sites like Cryptomode, Cryptonewsflash and others. He holds a certificate in geophysics from OAU, Nigeria. When he does not write, he loves to watch football and read educational magazines. It can be accessed via (e -mail reserve)
<!–
–>
Leave responsibility: The content and the personal views of the author and the current market conditions reflect. Please do your own research before investing in encrypted currencies, because the author and the post is responsible for any financial losses.
AD disclosure: This site may feature content with care and subsidiary links. All ads are clearly marked, and advertising partners have no effect on our editing content.
<!–
View all
–>
https://coingape.com/wp-content/uploads/2025/07/senator_lummis_proposes_tax_reform_for_bitcoin_miners-1-1.webp
2025-07-25 22:30:00
partner: