BlockBeats news, on November 15, an ally of US President-elect Trump in the US Senate formulated a plan to fill Trump’s proposed strategic Bitcoin inventory without increasing the government deficit, selling Part Fed, part gold. Wyoming Republican Sen. Cynthia Lummis plans to push 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 outstanding tokens. The acquisition would cost about $90 billion at current market prices, although the amount could increase if the bill passes and investors get ahead of the government’s purchase. (Golden Ten)
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<p>The post Trump allies propose: sell some of the Federal Reserve’s gold in exchange for 1 million Bitcoins first appeared on CoinBuzzFeed.</p>
