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Explore my portfolio mix. Follow to see how I invest!"Cryptocurrency Functionality": There is speculation that X may include options for cryptocurrency payments, aligning with Elon Musk's enthusiasm for crypto technologies

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Explore my portfolio mix. Follow to see how I invest! my portfolio 😅 At a Bitcoin conference last weekend, Senator Cynthia Lummis (Republican from Wyoming) announced legislation that would require the Treasury to purchase one million bitcoins, or approximately 5% of the global stock, within five years (which would cost between 60 to 70 billion dollars at current prices). Lummis stated that the federal government would be "debt-free thanks to Bitcoin" if her proposal is approved, as it could sell these bitcoins at a profit after 20 years. Unfortunately, there are mathematical and conceptual issues that prevent this approach from solving budgetary problems.

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At a Bitcoin conference last weekend, Senator Cynthia Lummis (Republican from Wyoming) announced legislation that would require the Treasury to purchase one million bitcoins, or approximately 5% of the global stock, within five years (which would cost between 60 to 70 billion dollars at current prices). Lummis stated that the federal government would be "debt-free thanks to Bitcoin" if her proposal is approved, as it could sell these bitcoins at a profit after 20 years. Unfortunately, there are mathematical and conceptual issues that prevent this approach from solving budgetary problems.

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$BTC At a Bitcoin conference last weekend, Senator Cynthia Lummis (Republican from Wyoming) announced legislation that would require the Treasury to purchase one million bitcoins, or approximately 5% of the global stock, within five years (which would cost between 60 to 70 billion dollars at current prices). Lummis stated that the federal government would be "debt-free thanks to Bitcoin" if her proposal is approved, as it could sell these bitcoins at a profit after 20 years. Unfortunately, there are mathematical and conceptual issues that prevent this approach from solving budgetary problems.

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