Senator Cynthia Lummis believes that buying Bitcoin could help reduce US debt. She suggests that the US should acquire approximately 200,000 BTC over the next 20 years, aiming for a total of 1 million BTC, and include it in reserves alongside gold and oil. Lummis argues that this accumulation of Bitcoin could significantly decrease the country's debt without requiring new taxpayer money, suggesting that the US government could sell off its gold reserves to fund the purchase. She emphasizes the importance of protecting Bitcoin and individual wallet holders, stating that its great virtue is as a "freedom money." Lummis also mentions that efforts to regulate Bitcoin have pushed the industry to other countries. Her proposal has sparked debate among policymakers and market participants.



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