For Cynthia Lummis, the Senate’s “crypto queen” and owner of somewhere between $170,000 and $230,000 worth of Bitcoin, it all started with a hunch.
Not about blockchain technology’s still unproven promise to revolutionize finance or Bitcoin’s growth potential. “I was skeptical,” said Lummis, R-Wyo. “The notion of having something of value on the internet that I could never get my hands on was foreign to me.”
No, it was a hunch about the young man sitting across her kitchen table in snowy Star Valley, Wyo., just before Christmas in 2013. It wasn’t his arguments that won Lummis over. It was how her daughter looked at him.