Wyoming Senator Cynthia Lummis is pushing for the establishment of a strategic Bitcoin reserve in the United States. The Bitcoin Reserve Act aims to strengthen the nation's financial position and explore lessons from El Salvador's Bitcoin adoption. Lummis sees this initiative as a way to address the national debt and economic volatility. The idea has garnered both support and skepticism in government discussions, but some market analysts predict renewed focus on a BTC reserve following Donald Trump's election win. Critics like economist Peter Schiff warn of potential risks and market crashes.



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