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Cynthia Lummis: “Crypto in America means financial freedom and opportunity…”

Featuring: Cynthia Lummis, Republican | U.S. Senate Wyoming

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Cynthia Lummis Talks US Bitcoin Reserve and Market Structure's Path Through Senate

Published | Video Starts at 01:22

But it is also a huge opportunity for business because as we know, there's so many people that don't want to have an individual wallet. They want someone to custody their wealth. And that's why these exchange traded funds provide traditional investors … Crypto in America means financial freedom and opportunity for people who are underbanked, debanked, and don't trust banks. … going to be transformative because our whole culture is moving towards digitization. And how financial services participate in that is just part of the picture, but a very important part of the picture. (01:22–01:27)

CLAIM

Asserts that cryptocurrency provides financial freedom and opportunities for underbanked populations.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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