U.S. Strategic BTC Reserve - The BITCOIN Act | Senator Cynthia Lummis
Inside the episode
🎬 DEBRIEF | Ryan & David unpacking the episode 🎬
In this episode, we sit down with U.S. Senator Cynthia Lummis, one of the most vocal advocates for Bitcoin in Congress. Senator Lummis discusses her groundbreaking proposal, "the Bitcoin Act," which aims to establish a strategic Bitcoin reserve for the United States. We dive deep into the details of the bill, including how it could address America's $35 trillion debt, the mechanics of converting gold certificates to Bitcoin, and the broader implications for the U.S. economy.
Senator Lummis also shares her thoughts on the future of Bitcoin as digital gold, the potential for an international Bitcoin arms race, and why she believes the U.S. must lead in this new era of digital assets. Additionally, we explore the significance of self-custody rights and the potential impact of upcoming elections on crypto legislation.