U.S. Treasury Secretary Scott Bessant has suspended plans for the creation of a sovereign wealth fund, prioritizing debt repayment as a top fiscal priority. This shift in policy […]
Senator Lummis Proposes Bitcoin as a Strategic Reserve Solution to Reduce National Debt
U.S. Senator Cynthia Lummis has introduced a novel proposal for managing national debt: converting liquid assets into Bitcoin and holding them for 20 years. She believes this approach […]
Senator Proposes Gold-Backed Bitcoin Strategy for Debt Reduction
U.S. Senator Cynthia Lummis has introduced a novel proposal aiming to tackle the nation’s growing debt by purchasing Bitcoin using gold certificates valued at the 1974 price point, […]