Senator Lummis Proposes Bitcoin Strategic Reserve Bill: Aiming to Assist US Debt Reduction Goal
Publication Time:2024-09-05 05:01:06
Recently, US Senator Cynthia Lummis has put forward an innovative proposal - the “Bitcoin Strategic Reserve” bill. According to Bitcoin Magazine's revelation on the X platform, the main aim of this bill is to manage and reduce the national debt of the United States effectively by introducing Bitcoin as a strategic reserve asset. It is anticipated that if this bill is implemented successfully, the current scale of the national debt of the US could be halved by the year 2045. This initiative not only demonstrates the potential of cryptocurrencies in macroeconomic regulation but also provides a new perspective for countries seeking long-term debt solutions.
Senator Lummis
Bitcoin Strategic Reserve Bill
US Debt Reduction