Bitcoin in the Senate with Cynthia Lummis

 
 
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“If we reach the point where we have overspent so much, that things start crashing down, the black swan event occurs… there is a backstop available to every government in the world, and that backstop is Bitcoin.”
— Cynthia Lummis

SHOW DESCRIPTION

Location: Remotely
Date: Tuesday 1st December
Role: Senator

Wyoming's Cynthia Lummis is the first woman to represent Wyoming in the Senate, not only that; she is the first Bitcoiner ever to make it into the Senate.

Cynthia describes herself as a "libertarian-leaning Republican". She plans to focus on reducing government debt as well as increasing the understanding of Bitcoin within the Senate.

In this interview, we discuss how she became a Bitcoiner, her political goals, the understanding of Bitcoin within the government and the US debt and deficit.

TIMESTAMPS

00:02:28: Introductions
00:03:28: Winning a seat in the Senate
00:05:11: Wyoming and Bitcoin
00:06:16: The Senator and Bitcoin
00:12:36: The rising US debt and deficit
00:15:13: Potential new regulations around Bitcoin
00:17:45: The structure of the Senate
00:19:20: A divided government
00:21:20: The Senator's key issues
00:24:22: What is behind the US debt and deficit crisis
00:26:26: Final comments

 

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SHOW NOTES

PodcastPeter McCormack