U.S. Senator Lummis: BTC is the only way for the U.S. to escape the $36 trillion debt vortex.

GateUser-6433627c · 2025-05-03T05:03:00+00:00

U.S. Senator Lummis pointed out in a speech in Congress that Bitcoin is the only way to solve America's $36 trillion debt problem. According to the proposed "Bitcoin Bill," the U.S. will purchase a large amount of Bitcoin, and it is expected that by 2049, the Bitcoin reserves could offset $21 trillion in national debt.

GateUser-6433627c

2025-05-03 05:03:00

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[Senator Lummis: BTC is the only way for the US to escape the $36 trillion debt vortex] US Senator Cynthia Lummis gave a speech in Congress, stating that the US has run out of time and traditional options: either default leading to collapse and a vicious Inflation, or leverage Bitcoin and technology to escape the predicament. The “Bitcoin Bill” will be the only solution to America’s $36 trillion debt, and the related initiative has already received support from Trump. If the “Bitcoin Bill” is enacted into law, the United States will purchase 200,000 Bitcoins annually for the next five years, thereby creating a reserve of at least 1 million Bitcoins held for at least twenty years. According to VanEck’s previous estimates, if the U.S. follows this roadmap, the Bitcoin reserve is expected to offset up to $21 trillion in national debt by 2049.

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