Nov 15, 2024
Nov 15, 2024
Trump Team Proposes 1M Bitcoin Reserve via Fed Gold Sale.
Senator Lummis suggests selling gold to fund the Bitcoin reserve without raising the deficit.
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Proposal calls for buying 1 million BTC, nearly 5% of the supply, costing around $88 billion.
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Bitcoin Reserve Act aims to cut U.S. debt, boost the dollar, and learn from El Salvador’s BTC adoption.
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2025 act could make the U.S. a major Bitcoin holder, signaling federal support for BTC.
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