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RE: LeoThread 2024-12-08 12:48

in LeoFinance3 days ago

Part 5/10:

In July, Senator Cynthia Lummis took this a step further by introducing the Bitcoin Act, which proposes that the U.S. government proactively purchase 200,000 Bitcoin annually for five years. Should this be fully realized, it could culminate in a reserve totaling 1 million Bitcoin, representing roughly 5% of the total supply. This strategic reserve would be securely managed through Bitcoin vaults under the U.S. Treasury, showcasing a method for reallocating existing Federal Reserve assets, such as bonds and gold, rather than incurring additional debt.