Wyoming Senator Cynthia Lummis is advocating for the United States Treasury Department to convert a portion of its gold holdings into Bitcoin to establish a Bitcoin strategic reserve. https://image.nostr.build/c78211887689f5d09d38631aff83ddbc51c10165118b131fcc781151f2ab0d9b.jpg https://cointelegraph.com/news/senator-lummis-says-treasury-should-convert-gold-bitcoin-reserve
Lummis has previously argued for the Treasury to allocate some of its assets to purchase Bitcoin, although she had not specified which holdings should be sold to facilitate this conversion. Her proposal includes the introduction of a bill that would require the strategic Bitcoin reserve to hold the digital currency for 20 years, with the only permissible use during that time being to pay down the national debt