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Cynthia Lummis: “If [Bitcoin] is held for 20 years, pursuant to the best…”

Featuring: Cynthia Lummis, Republican | U.S. Senate Wyoming

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Senator Cynthia Lummis and Michael Saylor Discuss Strategic Bitcoin Reserve Proposal

Published | Video Starts at 02:04

Bitcoin is digital gold. Bitcoin is easy to store. It is immutable. It is scarce. We can protect it in individual vaults that can be secure and hold it for 20 years. If [Bitcoin] is held for 20 years, pursuant to the best modeling available, we can reduce our national debt by half. Now, for me, for me, I started, believe it or not, as an elected official in the Wyoming legislature when I was 24 years old in 1979. (02:04–02:14)

CLAIM

Asserts that holding Bitcoin for 20 years could potentially reduce the U.S. national debt by half.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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