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The post U.S. Bitcoin Reserve Is the “Only Real Solution,” Says Senator Cynthia Lummis appeared first on Coinpedia Fintech News Senator Cynthia Lummis has called Bitcoin the “only real solution” to help address the U.S. national debt. She says Bitcoin is not just another asset but a key tool that could strengthen the country’s finances over time. According to Lummis, Bitcoin’s limited supply and potential for long-term growth make it similar to how gold reserves once supported national finances. She praised President Donald Trump and his administration for supporting the plan and expressed confidence that the reserve would eventually be implemented. Government Exploring a Bitcoin Reserve Initially, some policymakers suggested revaluing U.S. gold holdings to buy Bitcoin. But Lummis now says the Treasury and White House are exploring other options. This means Bitcoin could become part of the national reserve without using gold. Treasury Secretary Scott Bessent and White House officials are reviewing how a Bitcoin reserve could work, signaling that the government is taking the plan seriously. Also Read : Trump’s First Electoral Test Suffers Blow – What Does It Mean for Crypto Policy? , No New Taxes: Reserve Will Use Seized Bitcoin A key question was how the U.S. would fund the reserve. Lummis clarified that no new taxpayer money would be spent. Instead, the reserve would use Bitcoin the government already owns from criminal case seizures. After a recent forfeiture, the U.S. now holds roughly 130,000 BTC, valued at over $34 billion, making it one of the largest government Bitcoin holdings in the world. The Treasury also said more Bitcoin could be added later using “budget-neutral” methods, without extra spending. Bitcoin Reserve Gains Momentum Interest in Bitcoin in government circles is growing. Earlier this year, President Trump signed an executive order to create a reserve framework. Analysts, including Galaxy Digital’s Alex Thorn, expect the reserve structure to be finalized before the end of 2025. Supporters say a Bitcoin reserve would protect the U.S. from inflation, diversify national assets, and strengthen the country’s financial future. Critics, however, want more clarity on security, transparency, and management of the reserve. Never Miss a Beat in the Crypto World! Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more. Subscribe to News FAQs How would a Bitcoin reserve help reduce the U.S. national debt? A Bitcoin reserve could boost national assets, hedge against inflation, and diversify reserves without increasing taxes or spending. Will taxpayers fund the proposed U.S. Bitcoin reserve? No. The reserve would use Bitcoin seized in criminal cases, meaning no new taxes or federal spending would be required. When could the U.S. Bitcoin reserve become official? Analysts expect the reserve framework to be finalized before the end of 2025, following President Trump’s executive order. The post U.S. Bitcoin Reserve Is the “Only Real Solution,” Says Senator Cynthia Lummis appeared first on Coinpedia Fintech News Senator Cynthia Lummis has called Bitcoin the “only real solution” to help address the U.S. national debt. She says Bitcoin is not just another asset but a key tool that could strengthen the country’s finances over time. According to Lummis, Bitcoin’s limited supply and potential for long-term growth make it similar to how gold reserves once supported national finances. She praised President Donald Trump and his administration for supporting the plan and expressed confidence that the reserve would eventually be implemented. Government Exploring a Bitcoin Reserve Initially, some policymakers suggested revaluing U.S. gold holdings to buy Bitcoin. But Lummis now says the Treasury and White House are exploring other options. This means Bitcoin could become part of the national reserve without using gold. Treasury Secretary Scott Bessent and White House officials are reviewing how a Bitcoin reserve could work, signaling that the government is taking the plan seriously. Also Read : Trump’s First Electoral Test Suffers Blow – What Does It Mean for Crypto Policy? , No New Taxes: Reserve Will Use Seized Bitcoin A key question was how the U.S. would fund the reserve. Lummis clarified that no new taxpayer money would be spent. Instead, the reserve would use Bitcoin the government already owns from criminal case seizures. After a recent forfeiture, the U.S. now holds roughly 130,000 BTC, valued at over $34 billion, making it one of the largest government Bitcoin holdings in the world. The Treasury also said more Bitcoin could be added later using “budget-neutral” methods, without extra spending. Bitcoin Reserve Gains Momentum Interest in Bitcoin in government circles is growing. Earlier this year, President Trump signed an executive order to create a reserve framework. Analysts, including Galaxy Digital’s Alex Thorn, expect the reserve structure to be finalized before the end of 2025. Supporters say a Bitcoin reserve would protect the U.S. from inflation, diversify national assets, and strengthen the country’s financial future. Critics, however, want more clarity on security, transparency, and management of the reserve. Never Miss a Beat in the Crypto World! Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more. Subscribe to News FAQs How would a Bitcoin reserve help reduce the U.S. national debt? A Bitcoin reserve could boost national assets, hedge against inflation, and diversify reserves without increasing taxes or spending. Will taxpayers fund the proposed U.S. Bitcoin reserve? No. The reserve would use Bitcoin seized in criminal cases, meaning no new taxes or federal spending would be required. When could the U.S. Bitcoin reserve become official? Analysts expect the reserve framework to be finalized before the end of 2025, following President Trump’s executive order.

U.S. Bitcoin Reserve Is the “Only Real Solution,” Says Senator Cynthia Lummis

2025/11/05 20:07

The post U.S. Bitcoin Reserve Is the “Only Real Solution,” Says Senator Cynthia Lummis appeared first on Coinpedia Fintech News

Senator Cynthia Lummis has called Bitcoin the “only real solution” to help address the U.S. national debt. She says Bitcoin is not just another asset but a key tool that could strengthen the country’s finances over time.

According to Lummis, Bitcoin’s limited supply and potential for long-term growth make it similar to how gold reserves once supported national finances. She praised President Donald Trump and his administration for supporting the plan and expressed confidence that the reserve would eventually be implemented.

Government Exploring a Bitcoin Reserve

Initially, some policymakers suggested revaluing U.S. gold holdings to buy Bitcoin. But Lummis now says the Treasury and White House are exploring other options. This means Bitcoin could become part of the national reserve without using gold.

Treasury Secretary Scott Bessent and White House officials are reviewing how a Bitcoin reserve could work, signaling that the government is taking the plan seriously.

Also Read :
Trump’s First Electoral Test Suffers Blow – What Does It Mean for Crypto Policy?
,

No New Taxes: Reserve Will Use Seized Bitcoin

A key question was how the U.S. would fund the reserve. Lummis clarified that no new taxpayer money would be spent. Instead, the reserve would use Bitcoin the government already owns from criminal case seizures. After a recent forfeiture, the U.S. now holds roughly 130,000 BTC, valued at over $34 billion, making it one of the largest government Bitcoin holdings in the world. The Treasury also said more Bitcoin could be added later using “budget-neutral” methods, without extra spending.

Bitcoin Reserve Gains Momentum

Interest in Bitcoin in government circles is growing. Earlier this year, President Trump signed an executive order to create a reserve framework. Analysts, including Galaxy Digital’s Alex Thorn, expect the reserve structure to be finalized before the end of 2025.

Supporters say a Bitcoin reserve would protect the U.S. from inflation, diversify national assets, and strengthen the country’s financial future. Critics, however, want more clarity on security, transparency, and management of the reserve.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

FAQs

How would a Bitcoin reserve help reduce the U.S. national debt?

A Bitcoin reserve could boost national assets, hedge against inflation, and diversify reserves without increasing taxes or spending.

Will taxpayers fund the proposed U.S. Bitcoin reserve?

No. The reserve would use Bitcoin seized in criminal cases, meaning no new taxes or federal spending would be required.

When could the U.S. Bitcoin reserve become official?

Analysts expect the reserve framework to be finalized before the end of 2025, following President Trump’s executive order.

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