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Senator Cynthia Lummis, who directs the Senate subcommittee on digital assets, says that the American army is based on the plan to create a strategic Bitcoin reserve. Jamie Dimon, general director of a gigantic bank, recently called this waste plan. Lummis pushed away.
Lummis said Bloomberg The army believes that bitcoins at hand. She said it could be a tool in Economic competition with China. Some consider it a bold step. Others say it’s risky.
Bitcoin Reserve military support
According to the senator, military leaders claim Bitcoin It can lend a hand in economic shows. They consider this a way to maintain values if conventional assets are hit by sanctions or gigantic movements from other nations.
She said that weapons and ammunitions are part of national security, but she added that the Bitcoin reserve was also necessary. Some military voices warned that future conflicts would not simply fight on the battlefields. Money and digital assets can also play a key role.
https://www.youtube.com/watch?v=iehfvy3s9f4
Legislative and executive movements
Based on ReportsLummis has introduced an invoice for purchase in the USA and will accommodate 1 million BTC. This would reflect what countries do with gold. The idea is to get funds from the Treasury or Federal Reserve instead of using recent budget money. He did not go far in Congress.
Despite this, US President Donald Trump issued an order on March 6, 2025. Bitcoin reserve Plus a digital supply of assets for other coins. He said that the government would exploit assets confiscated in civil and criminal proceedings to establish a fund. This means that about 200,000 BTC, which the government can already be part of it.
Lummis sees that the price of bitcoins is rising in the next decade
Lummis presented a reserved model forecasting a dramatic augment in Bitcoin price over the next decade, citing factors such as its constant supply, growing institutional adoption and expanding network effects.
Analysts warn that such long -term forecasts depend on unpredictable factors, such as regulatory changes, technological breakthrough and market moods, each of which can derail even the most confident projections.
She also praised Trump for pressing basic cryptocurrency rules and using digital coins National strategy.
Trump’s family runs the DEFI platform, Stablecoin project, and even some coins. Lummis believes that everyone will end up in the cryptographic economy sooner or later.
Skeptical voices and uncertain path
Jamie Dimon does not agree. He calls Bitcoin reserve a waste of resources. Other experts are worried about the ups and downs of Bitcoin. They say that the strategic reserve should not go on something that can change 20% in one day.
Some economists at the best universities provide zero support for borrowing money to build cryptographic stocks. They claim that it makes no sense in relation to almost $ 36 trillions of US debt. For now, the bill for the purchase of 1 million BTC is in the Committee.
A distinguished image from Imagen, chart from TradingView
