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Senator Cynthia Lummis Bitcoin SolutionCoinGape
•61% Informative
Senator Cynthia Lummis proposes strategic Bitcoin reserve as US debt hits $35 trillion .
She presented a bill in the Bitcoin 2024 conference held in Washington , D.C. to address the mounting national debt by leveraging Bitcoin .
The suggested legislation is about establishing a strategic reserve of Bitcoins that can be used as a backing for the US dollar, making it stronger globally.
The first step involves buying one million bitcoins, which represents about 5% of all bitcoins available worldwide.
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