US Senator Lummis proposes to Musk the establishment of a Bitcoin strategic reserve
According to ChainCatcher, as disclosed by Bitcoin Magazine, U.S. Senator Lummis recently told Elon Musk that establishing a strategic bitcoin reserve is the wisest choice to support the U.S. dollar.
She emphasized that, given bitcoin's scarcity, the United States could use this reserve to repay a significant portion of the national debt over the next 20 years.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The market increases its bets on the Federal Reserve cutting rates three times this year.
Kashkari: Service inflation is expected to decline, while goods inflation may spill over
Trending news
MoreCrypto prices
More
