Can Bitcoin Save America?: CoinDesk Spotlight with Senator Cynthia Lummis
CoinDesk Podcast Network
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Bitcoin as a Strategic Reserve
This chapter explores Bitcoin's potential to become a $200 trillion network, emphasizing its decentralized nature and scarcity compared to traditional currencies like the U.S. dollar. It discusses a proposed plan for the U.S. to acquire Bitcoin as a strategic reserve to combat national debt, using undervalued assets to finance this initiative. The chapter also reflects on the evolution of the U.S. crypto reserve strategy, ultimately focusing on Bitcoin's unique attributes over other cryptocurrencies.
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