Senator Cynthia Lummis introduced a revolutionary bill at the Bitcoin Conference 2024. This bill proposes that the US government buy and hold 5% of the total BTC supply. This step aims to address the national debt and secure the future of the US economy. Additionally, the bill suggests that the Federal Reserve acquire one million Bitcoins within five years.

- **Bitcoin as a Strategic Reserve**: Lummis emphasized the importance of BTC as a financial asset. He believes that holding BTC will help reduce national debt and maintain global financial leadership.

- **Bitcoin Reserve Costs**: Buying one million BTC would cost approximately $68.1 billion. Lummis stated this reserve will start with 210,000 BTC, held in various vaults.

- **Impact on US Economy**: This proposal is considered a step towards integrating BTC into mainstream financial policy. Lummis believes that Bitcoin reserves can ensure the dollar's position as the world's reserve currency.

- **Support and Criticism**: Lummis received positive reactions from conference attendees. Former President Donald Trump also supported pro-crypto policies, promising to make the US a โ€œBitcoin superpowerโ€ if re-elected.

๐ŸŒŸ With support from big figures, the future of Bitcoin in the US looks even brighter! ๐Ÿš€