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Senator Lummis Advocates for U.S. Bitcoin Purchases as Strategic Asset, Envisions 'Golden Age' and Arms Race

Senator Cynthia Lummis has expressed strong support for Bitcoin, suggesting that the United States should consider purchasing the cryptocurrency as a strategic asset
By: DeepNewz • March 05, 2025
Senator Lummis Advocates for U.S. Bitcoin Purchases as Strategic Asset, Envisions 'Golden Age' and Arms Race

Senator Cynthia Lummis has expressed strong support for Bitcoin, suggesting that the United States should consider purchasing the cryptocurrency as a strategic asset.

During recent remarks, she proposed that if the U.S. were to buy Bitcoin, it could provoke China and Russia to do the same, leading to a competitive 'arms race' over Bitcoin rather than traditional weapons.

Lummis emphasized that the U.S. is entering a 'golden age' and argued that this era cannot be realized without Bitcoin. She further stated that certain elements of Bitcoin align well with the characteristics of a long-term strategic asset, reinforcing her advocacy for its adoption by the U.S. government.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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