The proposal for the United States to create a national Bitcoin reserve, as suggested by Senator Cynthia Lummis, has sparked fascinating debates about how the government might fund such a move. Should the US sell some of its gold reserves to buy Bitcoin, or simply issue more debt? Each path carries significant implications—not only for […]
Tag: reserves
The proposal by U.S. Senator Cynthia Lummis to establish a strategic Bitcoin reserve, potentially funded by reallocating Treasury gold holdings, has sparked significant debate. This idea, which would see the U.S. Treasury purchase up to 1 million Bitcoin (around 5% of its total supply), is bold and unprecedented. But beyond its impact on U.S. monetary […]