Key facts
- Senator Cynthia Lummis discussed Bitcoin's potential as a strategic reserve.
- She described Bitcoin as a store of value and an important asset.
- Lummis suggested that holding a fifth of the world's Bitcoin for 20 years could reduce U.S. national debt by one-third to one-half.
Senator Cynthia Lummis has commented on the potential of Bitcoin to serve as a strategic reserve. In remarks shared by Bitcoin Magazine, Lummis described Bitcoin as a store of value and an important asset. She further elaborated that holding a fifth of the world's Bitcoin for 20 years could potentially cut the U.S. national debt by one-third or one-half.