In an interview with Bitcoin commentator, Natalie Brunell, Senator Cynthia Lummis (R-Wy) confirmed his commitment to establish the strategic Bitcoin reserve in the USA (SBR), revealing that the Treasury Department examined legal rights for the purchase and care of BTC BTC. The senator believes that such a move can significantly reduce public debt in the long term.
Senator Lummis pushes the Bitcoin reserve
Lummis pointed to about 200,000 BTC on the AM forfections of the American Marshals Service as a possible starting point: “Working with the treasure and secretary of the treasury, we try to find out which assets can become the basis of investment in the first year in the strategic Bitcoin reserve.”
In addition, explaining his position, the senator noticed that he determined whether the fresh law is required or the administration already has authority: “I am trying to find out now whether it should be done legislative, or whether the treasury secretary has the right to do it now.”
Lummis proposes the transformation of the busy BTC into an official “basic investment”, which, he claims, would be the basis for a larger BTC reserve. If it succeeds, for the first time the US government intentionally and openly accumulated bitcoins as a strategic advantage.
One of Lummis’s main arguments for SBR is his ability to cut federal debt, which he considers “irresponsibly high”. Pursuant to its Act on Bitcoins, the US could also overestimate their gold certificates-compatible at a ten-year official price of 42 USD per ounce, much below market value-and implement the difference to buy BTC in a neutral way:
“My regulations would ensure that we could take our gold certificates … bring them to the current fair value for gold, and then use them to buy bitcoins, thus creating 1 million bitcoin reserves in five years.”
He claims that keeping this million BTC on a 20-year-old horizon can “reduce the current domestic debt by half”. Referring to extensive modeling – some of the supporters such as Michael Saylor – believes that recognition of prices for BTC can ensure significant benefits to taxpayers.
Up-to-date episode now! 🇺🇸
US Senator Cynthia Lummis conducts the Bitcoin revolution in Washington.
Her brave plans of America via Bitcoin & Digital Asset Policy promise to transform the financial system and limitation of the US debt, Bitcoin protection and strengthening the dollar … pic.twitter.com/g1rvl1ordbb
– Natalie Brunell ⚡️ (@natbrunell) April 1, 2025
The senator praised the last orders of President Trump, which is aimed at making the United States a “digital capital of the world’s assets” by supporting the favorable BTC mining environment, regulatory transparency and strategic reserve. According to Lummis, these movements are in a clear contrast with previous administrations, in which “people did not know or want to talk about digital assets.”
However, Lummis also emphasized the need for bilateral cooperation, suggesting that although Bitcoin became interested in republican circles, it should not become a strictly biased undertaking: “We want to keep this rush … We worked extremely hard to keep it double -sided, so I can’t move the brain and start thinking about it Parisan.”
During the BTC press it traded at USD 84 202.
A highlighted image from YouTube, chart from tradingview.com
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