Senator Lummis criticizes Hillary Clinton and advocates for the use of Bitcoin to stabilize the US dollar.

A Bitcoin supporter has reacted to Hillary Clinton’s warning about cryptocurrencies by urging her to embrace them as a macroeconomic solution.

Senator Cynthia Lummis of Wyoming, a Republican, recently retaliated against Hillary Clinton for disparaging cryptocurrencies. She claimed that Bitcoin is a hard currency solution to the US dollar’s inflation issues.

Clinton should embrace the future, according to Lummis.

Lummis’ remarks come after former Secretary of State Hillary Clinton’s warnings earlier this week. The latter stated at a panel discussion at the Bloomberg New Economy Forum in Singapore that cryptocurrency might “destabilize governments.”

Lummis responded to Clinton today with the polar opposite viewpoint. She suggested in a tweet that Bitcoin may “stabilize” an otherwise volatile US dollar.

President Nixon abandoned the gold standard in 1971, bringing the US money supply under the control of the federal government. Inflation has become a significantly more serious issue since then, and savings rates have plummeted across the Western world. Because of its fully fixed and non-manipulable monetary policy, Bitcoin is frequently presented as a solution to this problem.

The senator’s pro-progress stance is a clear dig at Clinton’s image as a politician. The former first lady became an image of ‘establishment’ politics – which Bitcoiners typically disdain – when she ran against Donald Trump in the 2016 US election. Trump, on the other hand, has shown himself to be as terrified of cryptocurrency.

Senator Lummis, do you think he is a Bitcoin Maximalist?

When Lummis advocates for Bitcoin to “stabilize” the US currency, it is unclear what she means. She could be implying that Bitcoin could “back” the value of the US currency in the same way that gold did prior to 1971. Alternatively, she could simply mean that by eliminating inflation, Bitcoin will push the US dollar to compete as a store of value.

In any case, Lummis refers to Bitcoin as “money,” rather than just a “asset.” She is previously expressed strong support for Bitcoin, even thanking God for its existence in an address to Congress. She is been critical of alternative cryptos and meme coins, such as Shiba Inu, like many Bitcoin maximalists.

Also Read: Foundry Has Become The Second-Largest Bitcoin Mining Pool.