The possession of Bitcoin is not a conflict of interest

report. When asked about the potential conflict of interest in her BTC owners

Well, I also have cows and cows are commercial goods. Bitcoin is a goods. If I have to sell my cows because they are a commodity and I am now in the banking committee, this can have a relationship with the [Commodity Futures Trading Commission] or there may be laws in the congress that affect the marketing or possession of cattle.

With the comparison, the senator simplifies the matter through comparison. However, the two are not the same.

On the one hand, their ownership of the two “goods” is very different. According to the latest documents, it has cattle worth $ 1 to $ 5 million. She claimed to have generated $ 110,000 out of her cattle herd in these files.

When she took office in 2020, she stated that it was at that time BTC worth $ 50,000 to $ 100,000. Then, in August 2021, she reported that she had bought another supply of $ 50,000 to $ 100,000. This means that her total ownership is somewhere between $ 100,000 and $ 200,000, since it did not declare income from the sale of the crypto to which it would be obliged if the transaction would exceed $ 1,000.

llumis has been in the BTC game for years, she reveals.