Senator Cynthia Lummis has unveiled a new bill aimed at addressing the U.S. national debt by leveraging Bitcoin as a strategic reserve asset. The Senator believes that incorporating the cryptocurrency into the U.S. financial strategy could offer significant economic benefits.
The proposal suggests that Bitcoin could serve as a hedge against inflation and economic instability. By adopting Bitcoin, the U.S. could potentially strengthen its financial position and mitigate adverse economic impacts.
Lummis argues that Bitcoin offers a viable solution to some of the fiscal challenges faced by the nation. The bill is poised to spark debates on the role of cryptocurrencies in national economic policies.
