US Senator Cynthia Lummis: If 1 million Bitcoin strategic reserves are allocated, the US debt may be reduced by half in the next 20 years

BlockBeats reported that on February 9, Cynthia Lummis, the initiator of the Bitcoin Strategic Reserve Act and chairman of the Senate Banking Digital Assets Subcommittee, said, "If we use 5% of the total amount of bitcoin (about 1 million bitcoins) to build reserves, then the US debt can be reduced by half in the next 20 years."