Editor's PiCK

"Trump Supports Bill to Stockpile 1 Million Bitcoins"

Source
Uk Jin

Summary

  • It has been reported that former President Donald Trump supports the U.S. Bitcoin Strategic Stockpile Bill.
  • The bill was introduced by Republican Senator Cynthia Lummis and aims for the U.S. government to purchase 1 million Bitcoins over the next five years.
  • Senator Lummis emphasized that this bill is a solution to the national debt issue and a way to utilize Bitcoin as an asset for American workers.
Photo=Cynthia Lummis Senator X Capture
Photo=Cynthia Lummis Senator X Capture

It has been reported that President Donald Trump is supporting a strategic stockpiling plan for Bitcoin (BTC).

On the 2nd (local time), Republican Senator Cynthia Lummis, who introduced the Bitcoin Strategic Stockpile Bill (BITCOIN Act), emphasized in a speech, "I am particularly pleased that President Trump has supported the Bitcoin Strategic Stockpile Bill," and "This bill can solve the national debt issue."

Senator Lummis also explained in her speech, "Bitcoin is an asset for American workers."

The Bitcoin Strategic Stockpile Bill introduced by Senator Lummis aims for the U.S. government to purchase 1 million Bitcoins over the next five years. Currently, the U.S. government holds 198,000 Bitcoins, including seized assets.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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