Lummis Proposes Revalue Gold to Seed a U.S. Strategic Bitcoin Reserve
I find Senator Lummis' proposal pragmatic: the U.S. shouldn't pretend that buying large amounts of Bitcoin alone can erase a $37T debt. Instead, revaluing gold reserves at current market prices and allocating the unrealized uplift to seed a Strategic Bitcoin Reserve is a clever accounting and policy workaround.
I support the idea that a BITCOIN law could create a structured, government-backed reserve without forcing sudden, large spot purchases that disrupt markets. This approach acknowledges fiscal realities while giving the U.S. exposure to Bitcoin in a measured way.
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