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Senator Lummis proposes Bitcoin ownership for Federal Reserve to address debt

Senator Lummis emphasizes that a Bitcoin reserve could help manage the U.S. National debt, which exceeds 36 trillion USD. This strategic fund would utilize Bitcoin holdings, potentially transforming economic policies.

The U.S. Government holds around 200,000 BTC from confiscated assets. Senator Lummis’s Bitcoin Act proposes acquiring 1 million BTC to establish a strategic reserve, aiming for long-term value growth and debt reduction.

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