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U.S. Senator Lummis: Strategic Bitcoin Holdings Could Cut National Debt in Half in 20 Years

2025-04-21 05:43

Odaily News U.S. Senator Cynthia Lummis said that if the government converts some of its assets into Bitcoin and holds them for a long time, it may bring positive fiscal effects. She said: "If a strategic Bitcoin reserve is established and held for 20 years, our model shows that this may cut the national debt in half." (Cointelegraph)