US Congressional Senator and Bitcoin advocate Cynthia Lummis urged that cryptocurrencies now be included in pension funds and that the Biden administration take the necessary steps in this regard immediately. Stating that the value of the US dollar cannot be depreciated and its value is constantly increasing, Senator Lummis underlined the need for more pension fund diversification in the future and the importance of providing this from different sources both in terms of dollars and funds.
“There is no way to devalue the US dollar. US dollars everywhere. Pension funds should be in Bitcoin and the Biden administration should take steps in this regard.”
Lummis emphasized that only a certain part of the pension funds should consist of Bitcoin, and that a rate should be determined in this regard, emphasizing that he is also aware of the price volatility in the crypto money markets.
According to US politicians who have made positive statements about Bitcoin many times before, Lummis’s statements came to the fore once again, while the Senator also warned about this.
“I never, ever support that people should invest all their money in Bitcoin in their retirement funds. Not all of the money should be invested in Bitcoin or dollars. It should be possible to invest in various investment instruments. Bitcoin steps should be taken quickly on pension funds.”
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