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Lummis Proposes: 1 Million Bitcoin to Save U.S. Debt!
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Senator Cynthia Lummis is going big with a plan to accumulate 1 million BTC (5% of total supply) over 20 years to cut the U.S. national debt in half (37 trillion USD)!
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Will Bitcoin be the "digital gold" to save the debt? Let's analyze!
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Lummis's Plan
BITCOIN 2025 Act: Buy 200,000 BTC/year for 5 years, use seized BTC (Silk Road) and gold certificates (~11 billion USD).
Goal: Hold BTC for 20 years, expecting a price of 42.3 million USD/BTC to erase 35-50% of public debt.
Vision: Bitcoin against inflation, strengthening the U.S. position against China.
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Strong Support
Trump supports: Signs an executive order to keep seized BTC, establishes a digital asset treasury.
Bitcoin Conference 2025: Receives support from the military and states like Wyoming.
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Impact?
BTC soars?: Current price is 104,430 USD, could reach 210,000-350,000 USD.
Risks: Price volatility and large budget deficits.
Altcoin?: DOGE, SHIB may face tightening.
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What do you think? Is this plan feasible or fanciful? Comment now!
#Bitcoin #CynthiaLummis #CryptoNews #ToTheMoon
🌙$BTC