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Senator Lummis’ Bitcoin Bombshell: Could Crypto Replace Gold in the US Treasury? What To Expect? Coinpedia 02 Aug 2024

Senator Lummis’ Bitcoin Bombshell: Could Crypto Replace Gold in the US Treasury? What To Expect? 🇺🇸

Senator Cynthia Lummis' Bitcoin Strategic Reserve bill suggests that Bitcoin could replace gold in the US Treasury. According to Aaron Arnold of Altcoin Daily, this could significantly boost the US economy and its global standing. The next few months will be crucial as this bold initiative is evaluated. Bitcoin as a reserve asset could change the financial landscape. This proposal highlights the increasing importance of cryptocurrencies. Watch for further developments in this space.

Source: coinpedia.org ↗

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