The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

According to reports, former US Secretary of State Hillary
When Clinton attended the Bloomberg New Economic Forum on November 19, he warned that cryptocurrencies may destroy the U.S. dollar’s status as the world’s reserve currency and called on nation-states to face up to the matter.

Hillary's remarks have caused dissatisfaction among some members of the US Congress. Republican Congressman Ted Budd criticized Hillary Clinton's views on new financial technologies such as cryptocurrency and Bitcoin on the 20th.

Budd tweeted: Good morning to everyone except Hillary. Hillary’s views on new financial technologies such as cryptocurrencies and Bitcoin are outdated. I guess that makes sense, she still struggles with using email.

Republican Wyoming Senator Cynthia Lummis also refuted Hillary's statement on Twitter on the 21st and said that Bitcoin can help stabilize the unstable U.S. dollar exchange rate.

Loomis tweeted: Great leaders are not afraid of the future. The United States can win the future by treating Bitcoin as hard currency that can be used to stabilize the dollar and reverse the chaos that began in 1971.

"CryptoBriefing" reported that in 1971, then-President Richard Nixon completely abolished the gold standard and placed the U.S. money supply under the control of the federal government. Since then, inflation has become a common problem. Savings rates have plummeted across the Western world, and Bitcoin is often promoted as a solution to related problems due to its absolutely fixed, unmanipulable monetary policy properties.

At present, it is unclear what Loomis means by saying that Bitcoin can stabilize the US dollar exchange rate. She may mean that Bitcoin can support the value of the US dollar, just like gold did before 1971; another possibility is that Bitcoin can support the value of the US dollar. The currency will do so by lowering inflation and forcing the U.S. dollar to compete with it as a store of value.

In any case, Loomis's remarks are a direct attack on Hillary's image as a politician. Hillary Clinton, who ran against Trump in the 2016 U.S. presidential election, has become a symbol of establishment political power, which is what Bitcoin users generally despise, but Trump has shown the same fear when it comes to cryptocurrencies.

In an exclusive interview with "Fox Business" on August 31, Trump said that cryptocurrencies may be a disaster waiting to happen, cryptocurrencies may be fake, and who knows what they are; in comparison, he prefers the U.S. dollar. , and called for protecting the sovereignty of the U.S. dollar as the top priority, and the government should strictly supervise Bitcoin to prevent it from weakening the advantages and reliability of the U.S. dollar.

**Loomis is crypto-friendly**

In fact, Loomis, who is criticizing Hillary this time, has always been friendly to cryptocurrency.

In October this year, when the United States passed a bill to increase the debt ceiling, Loomis delivered an impassioned speech in the Senate, thanking God for the existence of Bitcoin, criticizing the failure of legal currency, and praising Bitcoin as an alternative.

In an exclusive interview with "CNBC" on November 3, Lummis also stated that Bitcoin is the only decentralized commodity, while Meme Coin and other cryptocurrency assets are like securities, reminding investors that they should invest in Dogecoin and Shiba Inu Coin. Be cautious.

In addition, according to earlier reports, when U.S. President Biden formally signed a $1.2 trillion infrastructure bill on the 15th that included strict cryptocurrency tax laws, Loomis also jointly proposed a new amendment with other senators, seeking Revoke some cryptocurrency provisions in the infrastructure bill to protect blockchain network participants.