"If we don't pay back what we owe, that trust disappears; weâd hit something worse than the Great Depression."
"Technology boosts productivity and cuts costs. It gives us room to grow faster than our debt."
In a compelling speech on Capitol Hill, Senator Cynthia Lummis emphasized that traditional solutions are insufficient for addressing the United States' staggering $36 trillion debt. She introduced the BITCOIN Act, which proposes the U.S. purchase 1,000,000 bitcoin over five years. With President Trump's endorsement, Lummis outlined three potential outcomes for America: default, hyperinflation, or leveraging Bitcoin technology for economic recovery. She warned about the potential for severe inflation reminiscent of historical crises and advocated for cryptocurrency, technology, and productivity as essential tools for a sustainable financial future.
Read at Bitcoin Magazine
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