๐ Big news from the Bitcoin Conference 2024! Senator Cynthia Lummis has introduced a groundbreaking bill proposing the US government purchase and hold 5% of the total BTC supply. ๐บ๐ธ๐ฐ
Lummis believes this strategic reserve could reduce national debt and secure America's economic future. The plan includes the Federal Reserve acquiring one million BTC over five years. ๐
With a cost of $68.1 billion, this move aims to stabilize and grow the government's wealth, potentially making the US a leader in financial innovation. Exciting times ahead for crypto enthusiasts! #Bitcoin #Economics #Investment