Senator Lummis Proposes Gold Revaluation for Bitcoin Fund
Senator Lummis suggests revaluing U.S. gold to fund a Strategic Bitcoin Reserve and reduce reliance on debt.
- Lummis says Bitcoin alone can’t solve $37T U.S. debt.
- She proposes revaluing gold to fund a Bitcoin reserve.
- Pushes for “The BITCOIN Act” to formalize the strategy.
Gold Revaluation to Fund America’s Bitcoin Future
Senator Cynthia Lummis has proposed a bold and unconventional strategy to tackle America’s massive $37 trillion national debt—not by buying more Bitcoin directly, but by unlocking hidden value in the country’s gold reserves.
According to Lummis, simply purchasing more Bitcoin won’t fix the fiscal crisis. Instead, she suggests revaluing U.S. gold holdings based on current market prices. This revaluation would create a massive paper gain, which could then be legally transferred to establish a Strategic Bitcoin Reserve—a sovereign Bitcoin fund designed to future-proof the U.S. economy.
This innovative approach leverages existing assets without adding debt or raising taxes, reflecting a growing belief that America must integrate Bitcoin into its monetary framework more strategically.
“America Needs the BITCOIN Act”
Lummis is calling for the creation and passage of what she’s dubbed the BITCOIN Act. While details are still emerging, the Act would likely focus on formally creating a Strategic Bitcoin Reserve and outlining legal and financial structures to support its development.
The BITCOIN Act would represent a paradigm shift in U.S. financial policy—marking the first time a major government may reallocate traditional monetary reserves into digital assets on a national level.
Lummis, known for her pro-Bitcoin stance, argues that with rising inflation, growing global de-dollarization, and geopolitical uncertainty, it’s time for the U.S. to secure a stake in digital hard money.
A Balanced Strategy for a Digital Era
While critics may see gold revaluation as a financial sleight of hand, supporters argue it’s a practical way to pivot into the digital economy. By converting some of America’s dormant wealth into Bitcoin, the U.S. could position itself at the forefront of a monetary revolution—without destabilizing its fiscal foundation.
If implemented, this strategy could also send powerful signals to both domestic and international markets: America is serious about Bitcoin, and it’s willing to innovate to stay ahead.
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