**News Flash: Senator Cynthia Lummis Proposes Bitcoin Act!**
- Senator Cynthia Lummis of Wyoming just announced a Bitcoin bill on July 31, calling it โour Louisiana Purchase moment.โ ๐
- The bill aims to add 1 million BTC (approximately $64 billion) to the US government's holdings in the next five years.
- This program will purchase 200,000 BTC per year with high transparency to avoid market disruption.
- Bitcoins purchased will be held for a minimum of 20 years, with a maximum sale of 10% every two years thereafter.
- Bitcoin storage will be spread across the US with a high level of physical and digital security.
- This bill also protects the rights of individuals to legally own and transfer BTC.
What do you think about this big step? Comment below!