Senator Cynthia Lummis has put forward a pioneering bill to establish a strategic Bitcoin reserve. This proposal is designed to address the escalating national debt, which currently stands at $35 trillion.
The bill has garnered significant support, obtaining more than 2,200 co-sponsors during its announcement at a conference in Nashville.
The plan marks a bold approach to integrating cryptocurrency into governmental financial strategies in hopes of stabilizing economic challenges.
Such legislative moves could pave the way for broader acceptance and utilization of Bitcoin in national reserves.
