“Ditch Gold, Buy Bitcoin?” – Senator Lummis Advocates Bold Shift

US Senator Cynthia Lummis and Bitcoin

Senator Cynthia Lummis has suggested that the U.S. government should sell its gold reserves and invest in Bitcoin. She argues that Bitcoin is a more effective hedge against inflation and a stronger long-term asset. Lummis has been a vocal supporter of Bitcoin, emphasizing its decentralized nature and growing adoption. While her proposal is unconventional, it reflects the shifting sentiment toward digital assets as a key part of the global financial system.

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Nidhi Kolhapur

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