In a strong deal with on Capitol Hill as we speak, Senator Cynthia Lummis made her stance clear: america is out of time—and out of conventional choices. “The BITCOIN Act is the only solution to our nation’s $36T debt,” she stated, whereas mentioning she has President Donald Trump’s assist for her initiative. “I’m grateful for a forward-thinking president who not only recognizes this, but acts on it.”
If enacted into regulation, the BITCOIN Act would see the U.S. buy 200,000 bitcoin per yr for 5 years—making a 1,000,000 BTC reserve held for at the very least 20 years.
Lummis laid out three paths for America: collapse beneath a default, spiral into hyperinflation, or use Bitcoin and know-how to climb out. Her cash is on crypto. She believes Bitcoin’s mounted provide makes it able to restoring long-term financial self-discipline. “The system is built on trust. If we don’t pay back what we owe, that trust disappears,” she stated. “We’d hit something worse than the Great Depression.”
Inflation, she warned, will devastate working Individuals if cash printing continues. “We’re talking Zimbabwe, Weimar Republic levels,” Lummis stated. “Everything becomes unaffordable. That’s not a future I want Americans to face.”
Lummis is providing a deflationary different. “Technology boosts productivity and cuts costs. It gives us room to grow faster than our debt,” she defined, pointing to AI, robots, and crypto because the instruments wanted to show the economic system round. “They’re the only real weapons we’ve got.”
The BITCOIN Act, first launched final summer season and reintroduced on the 2025 “Bitcoin for America” Summit, has seen rising bipartisan assist in each the Home and Senate.
Congressman Nick Begich is main the cost within the Home. His model of the invoice mirrors Lummis’ Senate proposal and alerts rising alignment between chambers on Bitcoin coverage. “Americans deserve a fiscal and monetary foundation built on assets that represent discipline, structure, and confidence,” he tweeted as we speak. “Bitcoin delivers on all three, and I am proud to lead this effort in the House with The BITCOIN Act.”
President Trump has already signed an government order earlier this yr making a federal Bitcoin reserve, utilizing BTC seized via forfeitures to ascertain an estimated 200,000 BTC stockpile—costing taxpayers nothing. Government Director Bo Hines confirmed the reserve will add to the reserve utilizing “budget neutral ways that don’t cost the taxpayer a dime,” doubtlessly together with tariff income.
Whereas Trump’s government order marks the U.S. because the world’s largest sovereign Bitcoin holder, it may very well be overturned by future administrations. That’s why Lummis insists laws—not simply government motion—is important to locking in a long-term nationwide Bitcoin technique. Lummis’ BITCOIN Act would cement this system into regulation and make sure the nation accumulates much more.
Asset supervisor VanEck estimates that if the U.S. follows this roadmap, the Bitcoin reserve might offset as much as $21 trillion of nationwide debt by 2049.
Lummis closed with a warning concerning the greenback’s destiny. “It didn’t vanish. It just lost power,” she stated, evaluating it to the British pound. “Buy real assets or get left behind.”
