Ditch Gold, Buy Bitcoin? Senator Lummis Advocates Bold Shift
The post Ditch Gold, Buy Bitcoin? Senator Lummis Advocates Bold Shift appeared first on Coinpedia Fintech News
Senator Cynthia Lummis has suggested that the U.S. government should sell its gold reserves and invest in Bitcoin. She argues that Bitcoin is a more effective hedge against inflation and a stronger long-term asset. Lummis has been a vocal supporter of Bitcoin, emphasizing its decentralized nature and growing adoption. While her proposal is unconventional, it reflects the shifting sentiment toward digital assets as a key part of the global financial system.
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