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US Senator Cynthia Lummis: If we set up a strategic reserve of 1 million Bitcoins, it could reduce half of America's debt in the next 20 years

US Senator Cynthia Lummis: If we set up a strategic reserve of 1 million Bitcoins, it could reduce half of America's debt in the next 20 years

Bitget2025/02/09 13:33

The proposer of the "Bitcoin Strategic Reserve Act" and Chairwoman of the Senate Banking Digital Assets Subcommittee, Cynthia Lummis, stated that if we use 5% of the total amount of Bitcoin (about 1 million Bitcoins) to establish a reserve, then US debt can be reduced by half within the next 20 years.

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