US Senator Lummis proposes to Musk the establishment of a Bitcoin strategic reserve
According to ChainCatcher, as disclosed by Bitcoin Magazine, U.S. Senator Lummis recently told Elon Musk that establishing a strategic bitcoin reserve is the wisest choice to support the U.S. dollar.
She emphasized that, given bitcoin's scarcity, the United States could use this reserve to repay a significant portion of the national debt over 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
Rising inflation reignites rate hike expectations, US dollar set for biggest weekly gain in two months
Strategy preferred stock STRC hits record single-day trading volume, with funds planned for the purchase of 11,707 BTC
Trending news
MoreCrypto prices
More
