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23min chapter
U.S. Strategic BTC Reserve - The BITCOIN Act | Senator Cynthia Lummis
Bankless
Strategic Bitcoin Reserve Proposal
This chapter examines a proposed legislative initiative to create a Bitcoin reserve in the U.S. as a response to the national debt crisis. It discusses the innovative funding strategy using gold certificates to acquire Bitcoin without liquidating existing gold reserves, emphasizing the potential long-term benefits. The chapter also highlights the management and implications of Bitcoin holdings, suggesting a more significant role for digital assets in the future of U.S. financial strategy.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode