U.S. Senator Cynthia Lummis: If 1 million Bitcoins are allocated as strategic reserves, the U.S. debt may be reduced by half in the next 20 years
Cynthia Lummis, the proposer of the Bitcoin Reserve Strategy Act and chairman of the Senate Banking Committee on Digital Assets, said, "If we use 5% of the total amount of Bitcoin (about 1 million Bitcoins) to establish reserves, then US debt can be reduced by half in the next 20 years."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
MAGMAUSDT now launched for futures trading and trading bots
Bitget to adjust the leverage for BGB/USDT spot isolated margin trading to 10x
Bitget to adjust the leverage for BGB/USDT spot isolated margin trading to 10x
[Initial listing] Bitget to list Collect on Fanable (COLLECT) in the Innovation and RWA zone
Trending news
MoreCrypto prices
More
