According to Odaily, Senator Cynthia Lummis has made a statement on a FOX news program suggesting that holding Bitcoin reserves could help the US dollar maintain its strength. This statement by a sitting US senator on a national news television channel signifies a potential shift in the game rules.
The information was relayed by the official account of Rhoni Bitcoin App on platform X, as reported by Bitcoin News. Senator Lummis' comments indicate a growing acceptance of Bitcoin and other cryptocurrencies in the mainstream financial world. The idea of using Bitcoin reserves to bolster the strength of the US dollar suggests a new perspective on the role of digital currencies in the global economy.
This development could potentially mark a significant change in the financial landscape, as it indicates a shift in the perception of Bitcoin from a speculative asset to a strategic reserve that can contribute to the stability of the US dollar. However, it remains to be seen how this idea will be received by other lawmakers and financial institutions.
