Analyze Cynthia Lummis' Stance

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Cynthia Lummis reposted the post below

Keith A. Grossman

@KeithGrossman

Crypto should not be politicized. It’s not red. It’s not blue. It’s a technology. And, like every transformative technology before it, it deserves thoughtful, bipartisan support that fosters innovation, protects consumers and ensures America leads. We have seen this before with @SenLummis and @SenGillibrand coming together for stablecoin legislation. What we need now is clarity, through bipartisan legislation like the Market Structure Bill, so builders can innovate confidently here in the United States rather than abroad. Why does this matter? Because clarity creates stability. Stability enables investment. And investment leads to innovation that ultimately creates jobs. American jobs. Unfortunately, crypto remains one of the most misunderstood technologies of our time. I recently wrote an Op-Ed for @BTCTN, titled, “You’re Thinking About Crypto All Wrong.” In it, I explained: "The confusion stems from how we categorize it. Most see crypto as a vertical industry, like banking or entertainment. In reality, it’s a horizontal platform: a foundational layer that cuts across industries, much like “digital” has over the past few decades." This distinction matters. Because when we understand crypto as a horizontal layer of innovation - rather than a niche vertical focused on no discernable or positive use case - it becomes clear that the efficiencies it brings to a broken financial system can also expand access to those historically excluded from it. The reality is that the world is becoming faster, more efficient and cheaper. Thus, we must ensure American innovation keeps pace - and that the jobs created by this transformation are built here, not elsewhere. At the same time, we must recognize that technology is changing access to new forms of liquidity. We saw this with social media democratizing communication. Now, we are witnessing it with money and value. For many, crypto provides this new access - access that our traditional financial system often denied them. Both realities can coexist:

Regulation that enables innovation and capital formation.

Regulation that ensures fairness, equality and protection. It’s not one or the other. It’s both. This balance is critical not just for the health of our economy but for the inclusivity of our financial future. When I was at @TIME, @JanellRoss wrote an incredible piece titled “Inside the World of Black Bitcoin, Where Crypto Is About Making More Than Just Money.” This piece captured a growing movement where crypto is not just about speculation, rather about empowerment and access. Leaders like @j

2025-10-25T20:32:49.000Z

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Very Pro-Crypto

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Analyze Cynthia Lummis' Stance