20-4-2025 – Wyoming’s Republican Senator Cynthia Lummis has unveiled an unconventional strategy aimed at tackling America’s mounting national debt through cryptocurrency investment.
The crux of the senator’s proposal centres on leveraging historical gold certificates, specifically those pegged to 1974 valuations, to acquire Bitcoin holdings. This innovative approach, according to Lummis, could potentially slash the federal debt burden by 50% over two decades.
In what marks a significant departure from traditional debt reduction methods, the proposed framework notably circumvents the need for fresh taxation. The senator’s pitch arrives amidst ongoing debates in Washington regarding sustainable solutions to America’s fiscal challenges.
The proposition reflects the growing intersection of traditional financial instruments with digital assets in contemporary economic policy discussions. Lummis, who has previously demonstrated an affinity for cryptocurrency legislation, positions this strategy as a forward-thinking solution to one of America’s most pressing financial dilemmas.
