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

Bankless

Bitcoin as a Strategic Reserve: Implications and Personal Stories

15min Snip

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This chapter explores the potential of Bitcoin as a national strategic reserve, comparing its limited supply to a game of musical chairs. It shares personal narratives that highlight the importance of private key ownership and contrasts the security of Bitcoin wallets with traditional banking systems. Additionally, the chapter discusses political dynamics surrounding cryptocurrency legislation, emphasizing hopes for bipartisan support and the implications for financial sovereignty.

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