Senator Proposes Bitcoin Reserve for National Debt Reduction

U.S. Senator Cynthia Lummis has proposed establishing a Strategic Bitcoin Reserve (SBR) to address the nation’s growing national debt. According to PANews, she supports this initiative, emphasizing its potential benefits for financial stability and aligning with former President Trump’s administration’s focus on promoting the SBR. Senator Lummis’s proposal underscores growing interest in cryptocurrency as a means of rethinking economic strategy and fiscal management.