U.S. Senator Cynthia Lummis: If 1 million bitcoins are allocated as a strategic reserve, it could reduce U.S. debt by half over the next 20 years

2025-02-09 19:04:15

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ChainCatcher news, Cynthia Lummis, the proposer of the "Bitcoin Strategic Reserve Act" and chair of the Senate Banking Committee's Digital Assets Subcommittee, stated, "If we use 5% of the total supply of Bitcoin (about 1 million Bitcoins) to establish reserves, then the U.S. debt could be reduced by half over the next 20 years."

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