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“Ditch Gold, Purchase Bitcoin?” – Senator Lummis Advocates Daring Shift

Senator Cynthia Lummis has suggested that the U.S. government should sell its gold reserves and invest in Bitcoin. She argues that Bitcoin is a more effective hedge against inflation and a stronger long-term asset. Lummis has been a vocal supporter of Bitcoin, emphasizing its decentralized nature and growing adoption. While her proposal is unconventional, it

“Ditch Gold, Purchase Bitcoin?” – Senator Lummis Advocates Daring Shift
US Senator Cynthia Lummis and Bitcoin

Senator Cynthia Lummis has urged that the U.S. authorities ought to promote its gold reserves and spend money on Bitcoin. She argues that Bitcoin is a more practical hedge towards inflation and a stronger long-term asset. Lummis has been a vocal supporter of Bitcoin, emphasizing its decentralized nature and rising adoption. Whereas her proposal is unconventional, it displays the shifting sentiment towards digital belongings as a key a part of the worldwide monetary system.

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