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Cynthia Lummis's Bitcoin Reserve Billyoutu.be/_Ou_oxWsCcc?si=hhiwiFGbTr3bpIcB
580 sats \ 6 comments \ @Coinsreporter 28 Jul bitcoin
Senator Cynthia Lummis, known as the "Bitcoin Senator," unveils a groundbreaking Bitcoin Strategic Reserve bill aimed at transforming America's fiscal future. In this compelling speech, Lummis outlines a plan to accumulate 1 million Bitcoin over five years, potentially cutting the US national debt in half by 2045.
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11 sats \ 3 replies \ @cristaiji 28 Jul
Bitcoin and politicians don’t mix. Having said that I’ll give her the benefit of the doubt for the time being.
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11 sats \ 1 reply \ @Coinsreporter OP 28 Jul
I don't give her the benifit of doubt on the basis of her applauding Bitcoin's capacity to to cut the debt. Bitcoin is not meant for the reserves of any nation. Instead it's for the individuals who just understand the crooked fiat game. The positivity I get from these Bitcoin politicians is at least they have started to accept that Bitcoin is bigger and better than the fiat dogma.
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0 sats \ 0 replies \ @Satosora 28 Jul
Pulling the btc into a reserve is a good idea in the long run, anyway. Its not like they have to do much to do that. But I dont agree that it should just be used for debt. They need to figure out their printing problem, first.
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0 sats \ 0 replies \ @Satosora 28 Jul
At least she is trying to improve the government.
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11 sats \ 0 replies \ @Coinsreporter OP 28 Jul
The introduction written under the video irks me more than Lummis. What she is actually talking here is just another crap about Bitcoin's future in America.
Bitcoin is there for sovereign individual who wants to get free from the shackles of fiat nasty world. It's about true economic freedom. It's about getting the whole world under one shadow of Bitcoin.
For understanding it better please read @DarthCoin's explanation here #625958
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0 sats \ 0 replies \ @Satosora 28 Jul
This would be interesting, but will she be able to remain in office long enough to help push this through? She is saying they dont want to hold their own currency because it is so debased. Have to fix the problem before even thinking of buying btc.
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