SENATOR CYNTHIA LUMMIS: 🇺🇸 There is a pathway to build America’s strategic bitcoin reserve right now 🔥
#Bitcoinnews Or do you think that there is a pathway to do this faster ? Yeah, I do think there's a pathway. I think the place to start is to use the money the CH held by the US Marshal service because it was asset forfeiture monies in the form of digital assets that could be the basis for year one of a strategic bit coin reserve. And then we can add other currently held assets, assets held in a different form, convert them to Bitcoin and hold down later. So there are certain things that the administration can do using it's existing authority and doesn't need legislation to do. But I think it's important eventually to have a legislative framework for a strategic Bitcoin reserve, so it can't be undone by future presidents. And my purpose for a strategic Bitcoin reserve is to set it up. Have a million Bitcoin five percent of all Bitcoin hold it for twenty years and it will eliminate half of the US debt share. Believe inspire blacks be.
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