Why Bitcoin Is Captivating Young Americans — Senator Cynthia Lummis Weighs In

Cryptocurrency-friendly Senator Cynthia Lummis (R-Wyo.) believes that the reason “many young Americans are into Bitcoin” (CRYPTO: BTC) is because it is "sound money."

What Happened: Lummis, on Tuesday, said the federal government’s blank check spending habits, the erosion of the gold standard and the development of the internet are major contributing factors that led to Bitcoin’s rise in popularity.