Per a press release sent to Bitcoin Magazine,<\/em> United States Senator Cynthia Lummis (R-WY) is set to appear in Washington D.C. alongside Fred Thiel, CEO of Marathon Digital Holdings (NASDAQ:MARA)<\/a>, to discuss the importance of maintaining the competitiveness of bitcoin mining in the United States.<\/p>\n News of Lummis\u2019s participation in The Bitcoin Policy Summit<\/em><\/a> by The Bitcoin Policy Institute<\/em><\/a> (BPI)<\/em> comes after comments<\/a> made by the Senator in support of bitcoin mining earlier this year: “Bitcoin mining is good for America\u2019s energy grids and the development of new\/stranded energy resources\u2026 Bitcoin miners, we\u2019d love to have you in Wyoming.\u201d<\/p>\n Lummis has maintained a track record of supporting the Bitcoin industry and sharing viewpoints often-touted by those in support of sound money. Earlier this month, Lummis reiterated<\/a> her support of sound monetary policy as a core component of her belief in American prosperity: \u201cI\u2019m pro-America. I\u2019m pro-freedom. I\u2019m pro-hard money\u2026 I oppose the debasement of Americans\u2019 money.”<\/p>\n <\/a> In a statement delivered to Bitcoin Magazine, <\/em>David Zell (co-founder of BPI) recognized Lummis\u2019s foresight as a Bitcoin advocate: \u201cSenator Lummis has long-understood the importance of America getting public policy for digital assets right\u2026 When onlookers were predicting the death of crypto after FTX, Senator Lummis correctly insisted on the significance of Bitcoin and its regulation.\u201d<\/p>\n The Bitcoin Policy Summit on April 9th, 2024 at the National Press Club in Washington D.C. comes at a time of heightened partisan tensions with regard to Bitcoin and bitcoin mining. The Biden administration\u2019s US Energy Information Administration (EIA) proposed<\/a> an \u201cemergency\u201d survey of bitcoin miners and their energy use. The emergency survey proposal was subsequently dropped<\/a> following pushback from industry representatives including Riot Platforms (NASDAQ:RIOT)<\/a> and the Texas Blockchain Council.<\/p>\n Alongside Lummis and Thiel, The Bitcoin Policy Summit will feature<\/a> presentations from global human rights activists, academics, and technology leaders with the aims to set the record straight on Bitcoin in the context of federal and local policymaking. Bitcoin Magazine, <\/em>in collaboration with BPI<\/em>, will livestream the Summit via social media including Twitter (X)<\/a> and YouTube<\/a>. <\/p>","protected":false},"excerpt":{"rendered":" Per a press release sent to Bitcoin Magazine, United States Senator Cynthia Lummis (R-WY) is set to appear in Washington D.C. alongside Fred Thiel, CEO of Marathon Digital Holdings (NASDAQ:MARA), to discuss the importance of maintaining the competitiveness of bitcoin mining in the United States. News of Lummis\u2019s participation in The Bitcoin Policy Summit by […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-24530","post","type-post","status-publish","format-standard","hentry","category-crypto-news"],"_links":{"self":[{"href":"https:\/\/bitcoins-101.com\/wp-json\/wp\/v2\/posts\/24530","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoins-101.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoins-101.com\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoins-101.com\/wp-json\/wp\/v2\/comments?post=24530"}],"version-history":[{"count":0,"href":"https:\/\/bitcoins-101.com\/wp-json\/wp\/v2\/posts\/24530\/revisions"}],"wp:attachment":[{"href":"https:\/\/bitcoins-101.com\/wp-json\/wp\/v2\/media?parent=24530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoins-101.com\/wp-json\/wp\/v2\/categories?post=24530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoins-101.com\/wp-json\/wp\/v2\/tags?post=24530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n Interested parties may apply to attend the 2024 Bitcoin Policy Summit. Enter code \u201cbmag21\u201d for 21% off tickets. Click <\/em>here<\/em><\/a> for more information.<\/em><\/p>\n
<\/em>To learn more about the Bitcoin Policy Summit, visit <\/em>https:\/\/www.btcpolicysummit.org\/<\/em><\/a>. <\/em><\/p>\n