Senator Cynthia Lummis proposed the creation of a U.S. Bitcoin reserve as a hedge against inflation and fiscal decline

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A bill introduced by Senator Cynthia Lummis proposes that the Treasury accumulate 1 million BTC, which is around 5% of the total supply, to hedge against long-term fiscal instability

Last year, Senator Cynthia Lummis introduced a proposal to establish a Bitcoin Strategic Reserve, positioning the cryptocurrency as a hedge against inflation and fiscal instability