Senator Cynthia Lummis says the BITCOIN Act, which proposes buying 1 million BTC over five years, could reduce US national debt by up to 50% or more.

Senator Cynthia Lummis says the BITCOIN Act, which proposes buying 1 million BTC over five years, could reduce US national debt by up to 50% or more.

Sen. Cynthia Lummis (R-Wyo.) said in a Wednesday, June 24, podcast that the U.S. acquiring more than 5% of Bitcoin's (CRYPTO: BTC) supply as a strategic reserve could "erase" the…