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
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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Overview of Important Developments on the Evening of November 29