In a powerful speech in Capitol Hill today, Senator Cynthia Lummis made her position clear: the United States is out of time, and outside the traditional options. “Bitcoin’s law is the only solution to the $ 36t debt of our nation.” She saidwhile mentioning that he has the support of President Donald Trump to his initiative. “I am grateful for a president with a future vision who not only recognizes this, but acts accordingly.”
If promulgated in the law, Bitcoin’s law would see the United States buy 200,000 bitcoin per year for five years, creating a reserve of 1,000,000 BTC held for at least two decades.
Lummis placed three paths for America: collapse under predetermined value, spiral in hyperinflation or use bitcoin and technology to leave. Your money is in Crypto. She believes that Bitcoin’s fixed supply makes it capable of restoring long -term monetary discipline. “The system is based on trust. If we don’t pay what we owe, that trust disappears,” he said. “We beat something worse than the great depression.”
Inflation, he warned, will devastate Americans who work if the printing of money continues. “We are talking about Zimbabwe, Weimar Republic levels,” Lummis said. “Everything becomes inaccessible. That is not a future that I want to face the Americans.”
Lummis is offering a deflationary alternative. “Technology increases productivity and reduces costs. It gives us space to grow faster than our debt,” he explained, pointing out AI, robots and cryptography as the necessary tools to change the economy. “They are the only real weapons we have.”
Bitcoin’s law, presented for the first time last summer and reintroduced in 2025 Summit “Bitcoin for America”He has seen a growing bipartisan support both in the Chamber and in the Senate.
Congressman Nick Begich leads the position in the Chamber. Its version of the bill reflects the proposal of the Senate of Lummis and indicates a growing alignment between the cameras in the Bitcoin policy. “Americans deserve a fiscal and monetary base based on assets that represent discipline, structure and trust.” The tweet today. “Bitcoin delivers in all three, and I am proud to lead this effort in the house with Bitcoin’s law.”
President Trump has already signed an executive order earlier this year creating a Bitcoin Federal Reserve, using BTC seized through conflicts to establish an estimate of 200,000 BTC reserves, which does not cover taxpayers. The executive director, BO HIES, confirmed that the reservation will join the reservation using “neutral budget forms that do not cost a penny to the taxpayer”, including tariff income.
While Trump’s executive order marks the United States as the owner of Bitcoin Sovereign in the world, it could be revoked by future administrations. That is why Lummis insists on the legislation, not only the executive action, it is essential to enclose in a national long -term Bitcoin strategy. Bitcoin’s law of Lummis would consolidate the program in law and ensure that the country accumulates much more.
Vaneck Asset Manager estimates That if the US follows this roadmap, the Bitcoin reserve could compensate up to $ 21 billion of national debt by 2049.
Lummis closed with a warning about the fate of the dollar. “It did not disappear. He simply lost power,” he said, comparing it to the British pound. “Buy real assets or be behind.”
