NEWSLETTER
Today in the “bitcoin for America” of bitcoin Policy Institute ” <a target="_blank" href="https://x.com/BitcoinMagazine/status/1899442479084228832″ target=”_blank”>summit In Washington DC, the American senator of Wyoming Cynthia Lummis announced that he will reintroduce his strategic bitcoin reserve legislation in the Senate today.
“I am very happy to announce that today I will reintroduce the law of bitcoin,” said Senator Lummis. “And I will join here shortly by Senator Justice of West Virginia, who is one of the copatrochinters. And we have several other additional copatrokers. And a lot is the result of the emotion that has been built. “
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“Until now, the copatrochinters are (Tommy) Tubbeberville, (Marsha) Blackburn, (Roger) Marshall, (Bernie) Moreno and (Jim) Justice,” Lummis continued. “We have a couple more feelings for the original copatrokers today, but the house also through Nick Begich, has six original consultants.”
Arrival of the bitcoin Law of Senator Lummis in the Senate, American congressman Nick Begich announced that he will also present the bitcoin reserve legislation in the Chamber today.
“Today, I will present bitcoin's law of 2025 in the United States Chamber,” said Congressman Begich. “This is a bold and vigilant legislative initiative designed to ensure that the United States ensures its financial independence and maintains its leadership in the global digital economy.”
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“The impulse is in our hands and we have to make this happen. Fortunately, President Trump is with us and the opportunities are unlimited, ”Lummis concluded.
Last week, President Donald Trump signed an executive order to create a strategic Bitcoins Federal Reserve. The reserve must be composed of bitcoin confiscated by the federal hacks and seizures, creating an estimated reserve of approximately 200,000 btc, waiting for an official audit. However, this reservation, as it is, has the potential to be revoked by future presidential administrations. Legislation such as bitcoin's Law of 2025 would solve this potential problem, since it would see that the United States would buy 200,000 bitcoin per year until a total of 1,000,000 btc has bought, which will be maintained for a minimum of 20 years.
Asset manager of $ 115 billion vaneck <a target="_blank" href="https://www.vaneck.com/us/en/us-bitcoin-strategic-reserve-calculator/” target=”_blank” rel=”noopener”>claims That this bitcoin strategic reserve “could help compensate for national debt”, stating that “if the United States government follows the path proposed by bitcoin's law, accumulating 1 million btc by 2029, our analysis suggests that this reserve could compensate around $ 21 billion of national debt by 2049.
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