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Bitcoin Senator Cynthia Lummis has voiced her full backing for President Donald Trump’s proposed strategy to establish a massive national Bitcoin reserve, describing the initiative as a game-changing move for both the U.S. economy and the country’s leadership in financial technology. The plan, which involves acquiring up to one million BTC, is being positioned not only as a long-term store of value, but also as a strategic asset to modernize America’s financial infrastructure. Lummis, a long-time advocate for digital currencies, views the initiative as an opportunity to both counter inflation and reduce national debt exposure to traditional fiat systems. In recent remarks, she praised the administration’s vision, calling Bitcoin a revolutionary digital ledger asset capable of making global commerce more resilient and secure. She also emphasized the social benefits of open access to decentralized financial tools, stating that this shift could empower everyday workers around the world and reinforce U.S. leadership in innovation. As the conversation around digital asset integration heats up in Washington, Lummis’ endorsement signals growing political momentum behind efforts to bring Bitcoin deeper into national economic policy. Author Alexander Stefanov Reporter at Coindoo Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics. Related stories Next article Source: https://coindoo.com/bitcoin-reserve-plan-seen-as-path-to-modernizing-u-s-economy/

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Filed under: News - @ May 4, 2025 1:09 am