Lummis Pushes US Strategic Bitcoin Reserve as Treasury’s ‘Most Asymmetric Bet’
Senator Cynthia Lummis said a US Strategic Bitcoin Reserve would be “the most asymmetric bet” the Treasury could make, arguing that the downside is manageable while the upside could be generational.
Lummis has called for the US to accumulate Bitcoin openly, on the record and by law, framing the reserve as a strategic holding rather than a quiet purchase program. She has said other nations are accumulating Bitcoin without public disclosure and that the US should do so transparently.
From the sources (6 posts)
@bitcoinmagazineJUST IN: 🇺🇸 Senator Cynthia Lummis says "Other nations are accumulating Bitcoin quietly." 👀 "We should be doing it loudly, on the record, by law." 🙌
@tftc21Senator Cynthia Lummis calls for the US to openly accumulate Bitcoin as a strategic reserve, saying America should stop hiding its purchases while other nations buy quietly.
@cointelegraph🇺🇸 BULLISH: Senator Cynthia Lummis says the U.S. should be accumulating Bitcoin openly and by law.
@bitcoinmagazineJUST IN: 🇺🇸 Senator Cynthia Lummis says a U.S. Strategic Bitcoin Reserve has a "generational" upside 🚀
@cointelegraph🇺🇸 JUST IN: Senator Cynthia Lummis calls a Strategic Bitcoin Reserve “the most asymmetric bet” the U.S. Treasury could make, citing limited downside and generational upside.
@senlummisA Strategic Bitcoin Reserve is the most asymmetric bet the U.S. Treasury could make. The downside is manageable. The upside is generational.