Senator Lummis Advocates for a US Bitcoin Reserve

• Senator Lummis supports a US Bitcoin Reserve to hedge against inflation.
• She argues Bitcoin outperforms the dollar in long-term value.
• The proposal highlights Bitcoin’s role in financial security.

Senator Cynthia Lummis has reiterated her strong support for Bitcoin, suggesting that the United States should establish a Strategic Bitcoin Reserve. She argues that while the US dollar loses value over time due to inflation, Bitcoin continues to appreciate in the long run.

Lummis, a well-known Bitcoin advocate, believes that holding Bitcoin as a national asset would help safeguard the country’s financial future. “The dollar drops in value every year,” she said, emphasizing that Bitcoin has historically increased in value year over year.

Bitcoin as a Hedge Against Inflation

Inflation remains a major concern for the US economy, with the purchasing power of the dollar steadily decreasing. Unlike fiat currencies, Bitcoin has a fixed supply of 21 million coins, making it resistant to inflationary pressures. Lummis argues that a Bitcoin reserve could act as a hedge, providing financial stability amid rising national debt and monetary expansion.

Several institutions and governments worldwide are already exploring Bitcoin as part of their financial strategies. Countries like El Salvador have adopted Bitcoin as legal tender, while major corporations are adding Bitcoin to their balance sheets as a store of value.

The Future of Bitcoin in US Policy

Lummis’s proposal reflects a broader debate on Bitcoin’s role in national finance. While some policymakers remain skeptical, others see Bitcoin as a critical asset for economic security. A Strategic Bitcoin Reserve could position the US ahead in the digital asset space, ensuring long-term stability and innovation in the financial sector.

With Bitcoin continuing to gain traction globally, Lummis’s call for a national reserve may spark further discussions on integrating cryptocurrency into mainstream economic policies.