The bill proposed by Senator Lummis describes how America will reassess its gold certificates in order to buy 1 million bitcoins over 5 years.

1. Within 180 days from the date of the law's enactment, federal reserve banks must return all gold certificates to the U.S. Treasury.

2. Within 90 days of receiving the last certificate, the Treasury will issue new certificates reflecting the market price of gold.

3. Federal reserve banks must pay the Treasury the difference if the new certificates cost more.

4. This additional money goes into the state fund within 90 days.