- The U.S. nationwide debt has surpassed a staggering $35 trillion.
- Senator Lummis believes {that a} Bitcoin reserve may halt adverse financial developments.
- Lammis has proposed that america buy 5% of the worldwide Bitcoin provide.
U.S. Senator Cynthia Lummis of Wyoming has repeatedly referred to as for the federal government to implement a “strategic Bitcoin reserve.” In a latest publish on X, Lummis famous that the U.S. nationwide debt has exceeded a staggering $35 trillion, and solely a Bitcoin reserve can curb the adverse developments of the economic system. Based on her, the implementation would additionally assist repay the nationwide debt for future generations.
Senator Rammis' latest publish helps her proposals on the not too long ago concluded Bitcoin 2024 in Nashville. In her keynote handle, she proposed the Strategic Bitcoin Reserve Act to revolutionize the US fiscal technique. She proposed that the US buy 5% of the worldwide Bitcoin provide and make investments at the least…
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