15min chapter

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U.S. Strategic BTC Reserve - The BITCOIN Act | Senator Cynthia Lummis

Bankless

CHAPTER

Bitcoin as a Global Financial Asset

This chapter delves into the implications of Bitcoin as a digital reserve and its distinction as 'digital gold' in the current financial landscape. It discusses the importance of self-custody rights and proposed legislation ensuring that Bitcoin holders can manage their assets without governmental interference. The chapter juxtaposes varying political stances on cryptocurrency and emphasizes its potential impact on future U.S. innovation and electoral dynamics.

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