Senator Lummis Advocates for Bitcoin Reserve to Deal with $35 Trillion US Nationwide Debt

• The U.S. nationwide debt has handed a staggering $35 trillion.
• Senator Lummis thinks a Bitcoin reserve may stem the detrimental financial pattern.
• Lummis proposes the U.S. buys 5% of the world’s Bitcoin provide.

The U.S. Senator from Wyoming, Cynthia Lummis, has reiterated the necessity 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 surpassed a staggering $35 trillion, and solely a Bitcoin reserve may curb the detrimental financial pattern. In response to her, the implementation would additionally assist to pay down the nationwide debt for future generations.

Lummis’ latest publish helps her proposal through the just-concluded Bitcoin 2024 in Nashville. In her keynote tackle, the Senator proposed the strategic Bitcoin reserve invoice to revolutionize the U.S. fiscal technique. She instructed the U.S. buy 5% of the world’s Bitcoin provide and maintain it for at the least…

The publish Senator Lummis Advocates for Bitcoin Reserve to Deal with $35 Trillion US Nationwide Debt appeared first on Coin Version.