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Cynthia Lummis: “Without a bitcoin strategic reserve, that can dramatically…”

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 15:39

… to do without having a dramatic impact on our economic well being, we're still $36 trillion in debt. I don't want to hand that to my children and grandchildren. So Without a bitcoin strategic reserve, that can dramatically reduce the debt, cut it in half. Even if we only have 5% of all the bitcoin in the world, we're going to have to find ways to continue to pay interest on that $36 trillion. (15:39–15:50)

CLAIM

Asserts that a bitcoin strategic reserve could dramatically reduce the 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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