‼️🚀 Senator Proposes Selling Fed’s Gold for Bitcoin
Wyoming Senator Cynthia Lummis plans to introduce a bill to sell some of the Federal Reserve’s gold to purchase 1 million Bitcoin, worth about $90 billion at current prices.
The move aims to build a strategic Bitcoin reserve, reduce national debt, and embrace crypto innovation, but faces significant hurdles in Congress.
Wyoming Senator Cynthia Lummis plans to introduce a bill to sell some of the Federal Reserve’s gold to purchase 1 million Bitcoin, worth about $90 billion at current prices.
The move aims to build a strategic Bitcoin reserve, reduce national debt, and embrace crypto innovation, but faces significant hurdles in Congress.