An ally of President-elect Trump in the U.S. Senate has developed a plan to fill Trump's proposed strategic Bitcoin inventory without increasing the government deficit and selling some of the Federal Reserve's gold. In July, Republican Senator Cynthia Lummis of Wyoming spoke at the Bitcoin 2024 Conference in Nashville. On November 15, Bloomberg reported that Republican Senator Cynthia Lummis of Wyoming plans to promote a bill when the new Congress takes office next year. The bill requires the United States to purchase 1 million Bitcoins, accounting for nearly 5% of the outstanding tokens. At current market prices, the acquisition will cost about $90 billion, but if the bill is passed and investors act before the government purchases, the amount required for the acquisition may increase. "We already have financial assets in the form of gold certificates that can be converted into Bitcoin, so the impact on the U.S. balance sheet will be quite neutral," Lummis pointed out. The bill would greatly expand the scope of the strategic Bitcoin reserve plan that Trump has revealed so far, which is the more than 210,000 Bitcoins currently owned by the U.S. government, which have been seized through crackdowns on illegal operations or asset seizures. Despite Trump's re-election to the White House and the hope that this will be the most cryptocurrency-friendly Congress ever, there is currently no co-sponsor for the bill. Cryptocurrency prediction platform Polymarket's pricing shows that Trump has only a 31% chance of establishing a Bitcoin reserve. Jennifer J. Schulp, director of financial regulation research at the Cato Institute's Center for Monetary and Financial Alternatives, pointed out that "this (establishing a Bitcoin reserve) is still equivalent to putting government funds at risk, and Bitcoin has not shown itself to be a particularly stable asset. The bill attempts to give senators and representatives greater confidence in its long-term viability, even though these members may not know much about cryptocurrencies." Jennifer J. Schulp, director of financial regulation research at the Cato Institute's Center for Monetary and Financial Alternatives, pointed out: "This is still putting government funds at risk, and Bitcoin has not yet proved itself to be a particularly stable asset.She believes the bill is an attempt to give senators and representatives who may not be well-informed about cryptocurrencies greater confidence in their long-term viability.#BabyMarvinf9c7值得拥🈶