Cynthia Lummis: “The U.S. will get out of debt with bitcoin”

“Creating a strategic bitcoin reserve will firmly establish the dollar's position as the world's reserve currency in the 21st century and ensure that we remain the global leader in monetary innovation. The U.S. will be able to free itself from debt with bitcoin and preserve Americans' individual financial freedoms”
The first cryptocurrency, the senator insists, must be kept on America's balance sheet for at least 20 years, and the only thing bitcoins can be spent on is paying off the national debt, which now exceeds $34 trillion. The bill would require the creation of a decentralized, secure network to store bitcoins, managed by the U.S. Treasury Department.
According to Fox Business, Senator Lummis has already offered the bill for review to her colleagues on the Senate Banking Committee to comment and sign on as co-sponsors.

Earlier, Cynthia Lummis praised the Bitcoin network for its ability to function even in the face of major disruptions in financial, computer systems and electrical grids.