Odaily Planet Daily News Wyoming Senator Cynthia Loomis will introduce a bill next week requiring the U.S. Treasury to purchase 1 million bitcoins within five years, which is about $68 billion at current prices. In an interview with The Block, she said the move was to combat the impact of the depreciation of the U.S. dollar. "Bitcoin is a good store of value. Over the past four years or so, it has averaged an annual growth rate of about 55%. During the same period, the dollar has depreciated and we have seen an increase in inflation," said Senator Loomis. Loomis has long been a supporter of Bitcoin. She reportedly bought Bitcoin for the first time in 2013 and has been at the forefront of promoting cryptocurrency legislation. (The block)