US Bitcoin Reserve: Lummis’ Mad Plan
Oh my god, you guys, it seems like Bitcoin just took a trip to the big house…the White House that is! π In a chat with Bitcoin queen Natalie Brunell π, Senator Cynthia Lummis (R-WY) basically declared war on the national debt πΈ by saying she’s going to create a US Strategic Bitcoin Reserve (SBR). Like, a literal vault full of Bitcoin for Uncle Sam! πΊπΈ
Apparently, the Treasury Department is all, “Hold up, can we even do that?” π€¨ But Lummis is all, “Yes, we can! πͺ” and is basically trying to figure out if they need a new law or if the Treasury Secretary can just, like, go ahead and buy Bitcoin. π€·ββοΈ
She thinks they can use all that seized Bitcoin from the US Marshals Service π€ (about 200,000 BTC, which is basically a small fortune!) as the starting point. Imagine the headlines: “Senator Lummis Turns Outlaw Bitcoin into National Treasure!” π€
Lummis also wants to revalue those gold certificates that are, like, super outdated and use the difference to buy even MORE Bitcoin. She’s basically saying, “Gold is so last century! π΅ Let’s invest in the future!” π
And get this, she thinks holding this million BTC for 20 years could cut the national debt in half! π€― She’s basically saying, “Bitcoin to the rescue!”π¦ΈββοΈ
She’s even getting President Trump on board with this whole Bitcoin revolution! πΊπΈ He wants to make the US the “digital asset capital of the world”! Talk about a power move! π
But Lummis is all about keeping things bipartisan. π€ She doesn’t want Bitcoin to become a political football. π
So, there you have it! Senator Lummis is basically trying to turn America into a Bitcoin superpower! Will it work? Only time will tell! β° But one thing’s for sure, this is going to be one wild ride! π’
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2025-04-02 15:42