Cynthia Lummis's Bitcoin Strategic Reserve Bill

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Published 2024-07-27
Senator Cynthia Lummis, known as the "Bitcoin Senator," unveils a groundbreaking Bitcoin Strategic Reserve bill aimed at transforming America's fiscal future. In this compelling speech, Lummis outlines a plan to accumulate 1 million Bitcoin over five years, potentially cutting the US national debt in half by 2045. Learn how this innovative approach could revolutionize the country's financial strategy without raising taxes.

Discover the details of this "Louisiana Purchase moment" for America, including the conversion of excess Federal Reserve funds into Bitcoin and the use of asset forfeiture money. Lummis also announces the upcoming Bitcoin Conference 2025 in Las Vegas, promising to bring together the brightest minds in the world of cryptocurrency and finance.

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Speaker: Cynthia Lummis

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All Comments (21)
  • Even bigger deal than Trump's announcement. Needs more recognition.
  • @TIM.DREAMZ
    She is a true gift to Bitcoin! Thank you, Senator Lummis!!!
  • Crowd obviously didn't get the Louisiana Purchase reference. If they had, they would have been standing screaming and cheering and Bitcoin would have soared to $100k and beyond. With the Louisiana Purchase Thomas Jefferson more than doubled the size of the United States. Wasn't exactly dirt cheap like Manhattan, but all the land west of the Mississippi ain't bad. Lummis just said that's what we're gonna do with Bitcoin. Yeah. Lummis gets it. Trump gets it. Let that sink in. This is huge!
  • Thank you Senator. I hope u realize your career now rides on this. I wish you and the BTC Bill all the best. BTC MOON!!!!
  • @DDDhorus
    This is the best move America can make, literally.. it will save the dollar and pay the debt off
  • @gmefreedom3534
    Need more of these politicians that look ahead and save this country. Thank you Senator!
  • @east2w
    Wow. America well done! Im from the UK and hoping someone from our government sees this and copies it to save our country too ❤
  • @mypitboss
    Thanks for the informative video….. I think BTC and ETH are more likely to retest the resistance to the upside and then to the downside. But as always the situation changes every day and all we can do is trade responsibly, monitor the markets and reevaluate our strategies often. I want to thank Teddy Alfred for being my source of crypto education as I am comfortably making 4.7 BTC.........
  • This Bitcoin Strategic Reserve can cut the U.S. deficit in half. Hallelujah!
  • This seems like the worst period. Even the market are now very unpredictable. Started investing recently when the market prices were a bit high, today I am more than 60% down!
  • Other countries are already doing this. Some have announced like El Salvatore. Some are more subtle, like Singapore, Saudi Arabia, China, Russia, Bhutan. But it’s happening and we very much need this in America also.