US Senator Reveals Why Young Americans are Flocking to Bitcoin
According to Senator Cynthia Lummis , young Americans are trooping to Bitcoin because it is “sound money” instead of fiat. Cynthia Lummis , an American attorney and senator from the state of Wyoming, recently called attention to the growing interest in Bitcoin (BTC) among young Americans. In a recent tweet, Sen. Lummis opined that this trend is because Bitcoin is “sound money.” In my estimation, the reason so many young Americans are into # Bitcoin is because it is #soundmoney. The federal govt’s blank check spending habit, coupled with the complete erosion of the gold standard and the development of the internet, led us here. Inevitable. — Cynthia Lummis 🦬 (@CynthiaMLummis) April 25, 2023 The crypto scene has garnered significant global attention, with global crypto ownership rising to 4.2% this year. The United States largely contributes to this, with 13.22% of Americans, or 44.9 million individuals, possessing crypto, per data from Tri...