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Cynthia Lummis: “We can convert [gold certificates] to bitcoin.”

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 26:50

So if we took those gold certificates, not physical gold, let's keep our physical gold, let's take the gold certificates, bring them up to current fair market value and We can convert [gold certificates] to bitcoin. Other possibilities that we were just discussing in the back room that are really exciting is the United States has energy producing assets. (26:50)

CLAIM

Proposes converting gold certificates to bitcoin as part of a strategic bitcoin reserve.

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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