U.S. Senator Proposes Government Use Gold Reserves to Purchase Bitcoin to Reduce National Debt

BlockBeats News, on April 20th, Cynthia Lummis, proposer of the "Bitcoin Reserve Strategy Bill" and chair of the Senate Banking Committee on Digital Assets, stated on the CoinDesk Spotlight program, "If the U.S. government were to use the book value to purchase Bitcoin as it did with gold certificates calculated in 1974, we would be able to cut the national debt in half over 20 years. We do not need to spend taxpayers' additional funds to buy Bitcoin."