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U.S. Senator Lummis: BTC is the only way for the U.S. to escape the $36 trillion debt vortex.
[U.S. Senator Lummis: BTC is the only way for the U.S. to escape the $36 trillion debt vortex] U.S. Senator Cynthia Lummis delivered a speech in Congress, stating that the U.S. no longer has time or traditional options – either default leading to collapse and falling into vicious Inflation, or use Bitcoin and technology to escape the predicament. The “Bitcoin Bill” will be the only solution to the U.S.'s $36 trillion debt, and the relevant initiative has already received support from Trump. If the “Bitcoin Bill” is enacted into law, the United States will purchase 200,000 Bitcoins each year over the next five years, thereby creating a reserve of at least 1 million Bitcoins held for at least twenty years. According to estimates by VanEck, if the U.S. follows this roadmap, the Bitcoin reserve is expected to offset up to $21 trillion in national debt by 2049.