Bitcoin

Senator Lummis Claims Trump Supports Bill That Would Direct US Government To Purchase 1,000,000 Bitcoin

President Donald Trump supports the idea that the United States government buys a million Bitcoin (BTC), said senator Cynthia Lummis.

In March, Lummis (R-Wy) presented Stimulating innovation, technology and competitiveness thanks to optimized national investments (Bitcoin) in the Senate.

If it is adopted, the bill would establish a decentralized network of bitcoin chests operated by the Ministry of the Treasury, and it would implement a BTC purchase program of one million units so that the United States government can control around 5% of the supply of waiting for cryptography.

Lummis said in a speech This week, she is “particularly satisfied with the support of President Trump” of his Bitcoin act.

“Bitcoin Act is the only solution to the debt of $ 36 billions in our country. I am grateful for a avant-garde president who not only recognizes it, but acts on it. ”

The Wyoming senator, a long -standing defender of the BTC, said that potential legislation would ensure the country's position as a “world leader in financial innovation”.

“While Bitcoin is more useful, its use makes the whole system safer, more robust and more capable of meeting our needs all over the world.

We should be the world leader with this new fantastic active asset based on the big book which is in a digital format that will be transformer of everyday economy and in fact puts the American of everyday, the everyday worker around the world, in control of their own money. »»

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Warning: Opinions expressed at Daily Hodl are not investment advice. Investors should make their reasonable diligence before making high-risk investments in bitcoin, cryptocurrency or digital assets. Please note that your transfers and trades are at your own risk and that all the losses you may undergo are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, and the Daily Hodl is an investment advisor. Please note that the Daily Hodl is participating in affiliation marketing.

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