Senator Lummis Proposes BTC Reserve to Mitigate U.S. Debt Crisis
Senator Lummis has introduced the BITCOIN Act, proposing the purchase of 200,000 BTC annually over five years. This bold legislation aims to address the U.S. debt crisis by infusing the Treasury with Bitcoin reserves. Supporters argue that this proposal could introduce innovative financial strategies for mitigating national debt. If implemented, it could greatly influence market sentiment and spark interest in Bitcoin as a legitimate asset for fiscal policy. Such a legislative push indicates a shift in how lawmakers view cryptocurrency in the economic framework. Investors will need to stay alert as the implications of this proposal unfold, potentially transforming Bitcoin’s role in financial stability.