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Cynthia Lummis: “If held for 20 years, [a strategic bitcoin reserve] is…”

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

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Cynthia Lummis Talks US Bitcoin Reserve and Market Structure's Path Through Senate

Published | Video Starts at 10:04

So you don't even need to use new money, new tax dollars to create a strategic bitcoin reserve that If held for 20 years, [a strategic bitcoin reserve] is robust enough to cut our national debt in half. Now, that was our original purpose. That was something that was embraced by candidate Trump and seemed to be embraced early on in his executive orders. (10:04–10:09)

CLAIM

Asserts that a strategic Bitcoin reserve could significantly reduce national debt over 20 years.

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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