Topline
A meme started by Bitcoin enthusiasts has reached the halls of Congress, with Sen. Cynthia Lummis (R-Wyo.) and Rep. Warren Davidson (R-Ohio) adding laser beams to their Twitter profile pictures.
Key Facts
Lummis first adorned her Twitter profile with an intense, glaring pair of red laser beams on Friday, and Davidson followed suit with a slightly more subdued version hours later.
The laser eye meme has circulated on Twitter for days among Bitcoin bulls cheering on the currency’s soaring trading price, and on Friday, well-known crypto backers like Elon Musk and Anthony Scaramucci joined the trend by adding lasers to their photos.
Lummis, a vocal Bitcoin enthusiast, confirmed to The Hill that she changed her profile picture because she’s a “big supporter of digital assets and financial innovation” (Lummis’ and Davidson’s offices did not respond to requests for comment from Forbes).
Surprising Fact
Lummis is more than just a casual Bitcoin fan. She began investing in Bitcoin in 2013, and she owned between $50,000 and $100,000 worth of the currency as of last month, according to a financial disclosure statement. Davidson’s most recent disclosure form from last August does not list any crypto assets.
Key Background
Bitcoin prices hit a record high above $55,000 on Friday, driven partly by growing interest in the currency from corporations and institutional investors. Supporters believe Bitcoin’s value could continue climbing as it’s adopted by more mainstream users, though some critics remain wary of its volatility and skeptical of its usefulness.
Further Reading
Why Does a U.S. Senator Have Laser Eyes on Twitter Now? (Slate)
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February 20, 2021 at 08:00AM
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Here’s Why 2 Members Of Congress Have Laser Beam Eyes On Twitter - Forbes
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