US Senator notes, “Bitcoin is here to stay”, but remains uncertain about others

The US sitting Senator, Cynthia Lummis argued Bitcoin’s dominance in an exclusive interview with Squawk Box. Sen. Lummis, who is fighting for clear regulations to further ensure the growth of crypto in the US, reinstated that Bitcoin is the “standard”, given its completely decentralized nature. She determined that, while Bitcoin is a commodity, other tokens may be taken as security since they are issued by an individual or an entity, who reserve a hefty amount of the tokens for themselves.

“I do think that Bitcoin is here to stay, and I do think that a lot of others are not.
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Source: #Coingape

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