Senator Lummis suggests that a federal Bitcoin reserve could strengthen the U.S. Dollar’s position as the global reserve currency. She recommends using approximately 200,000 BTC from asset forfeitures for this strategic initiative.
The Bitcoin Act proposes that the Federal Reserve acquire 1 million BTC using gold certificates, planning to hold them for at least 20 years. This aligns with Michael Saylor’s vision of replacing gold with Bitcoin in government assets.
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