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

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.

Source: https://coinpedia.org/crypto-live-news/ditch-gold-buy-bitcoin-senator-lummis-advocates-bold-shift/