Senator Cynthia Lummis Unveils Major Bitcoin Initiative to Tackle the US's Trillion-Dollar Debt
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Senator Lummis's Proposal: U.S. Senator Cynthia Lummis has proposed that the U.S. could significantly reduce its national debt by holding 1 million Bitcoins as a strategic reserve for 20 years, potentially eliminating half of the $37 trillion debt.
Implementation and Legal Framework: Lummis suggests that the U.S. could start this initiative using seized digital assets and emphasizes the need for a legal framework to ensure the reserve's stability against future policy changes.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






