Bitcoin Act 2025: A Bold Leap Forward!
The Bitcoin Act, originally introduced by Senator Cynthia Lummis (R-WY) in the summer of 2024, is making waves once again! Last week, Congressman Nick Begich (R-AK) joined forces with Senator Lummis to champion groundbreaking legislation aimed at establishing a Strategic Bitcoin Reserve (SBR). This initiative is designed to bolster America’s financial security, enhance global competitiveness, and solidify economic sovereignty.
- The Bitcoin Act of 2024/25 envisions a U.S. Strategic Bitcoin Reserve as a powerful tool to strengthen the dollar and maintain leadership in the crypto space.
- The proposal outlines an ambitious plan to acquire 1 million Bitcoins over five years, funded through Federal Reserve remittances.
While the ultimate impact of the Bitcoin Act on America’s status as an economic superpower remains to be seen, its vision is clear: to leverage digital assets as a strategic counterbalance to adversarial monetary policies and to safeguard international economic sovereignty. This could be a game-changer for the U.S. on the global stage!
Sources:
https://cryptobriefing.com/strategic-bitcoin-reserve-us/
https://www.congress.gov/bill/118th-congress/senate-bill/4912/all-info
