Reported 1 day ago
Senator Cynthia Lummis believes that Bitcoin should be adopted as a strategic reserve by the federal government to help combat the U.S. national debt, which exceeds $36 trillion. She proposes that the U.S. government purchases 200,000 bitcoins annually for five years, accumulating a total of one million. This initiative aims to not only back the U.S. dollar but also create a long-term fund projected to reach $16 trillion over two decades.
Source: YAHOO