As the US national debt hits a record $35 trillion, Senator Cynthia Lummis from Wyoming introduces a groundbreaking proposal. Presented at the Bitcoin 2024 conference in Washington, D.C., she suggests leveraging Bitcoin to address the escalating debt.
Her legislation advocates for establishing a strategic reserve of Bitcoins. This innovative approach aims to utilize the digital currency's potential to mitigate the national fiscal crisis.
The concept revolves around using Bitcoin as an asset to bolster the country's financial stability amid increasingly unsustainable debt levels.
