Cynthia Lummis: “The Bitcoin act does not require new money to be spent to…”

“So I think more was sold during the Biden administration than we knew. It's really hard to find out. We continue to dig and try to find out. The Bitcoin act does not require new money to be spent to acquire Bitcoin. It provides that assets that are already held by the federal government in the form of gold certificates could be brought from their 1970s value up to current market value and then sold to purchase Bitcoin.” (09:34–09:41)

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