Lummis stands out as one of the strongest voices in favor of Bitcoin in Congress.
According to the senator, China did a great favor to the US. UU. Prohibiting BTC mining.
In the 2025 edition of the Bitcoin Conference event, started today in Las Vegas, legislators and ecosystem leaders gather to discuss the future of the creation of Satoshi Nakamoto on a global scale. One of the first presentations was attended by Senators Jim Justice (West Virginia), Marsha Blackburn (Tennessee) and Cynthia Lummis (Wyoming), who highlighted the value behind this asset for the US government.
Lummis said that a Bitcoin reserve represents “the definitive way of obtaining geopolitical advantage for the United States.” The senator relies on conversations that she has had with high American military commanderswho argued that they recognize the value of BTC as a strategic asset. For Lummis, “economic power is as essential as military power when facing global threats.”
The official too considered that, When China prohibited BTC mining ended up doing a favor to the United Statessince many of these operations moved to American soil. He believes that phenomena of this type, now with the support of President Donald Trump, represent a strategic opportunity that the country cannot miss.
At domestic level, The senator highlighted the legislative advances of states such as Arizona and New Hampshirewhich have already approved laws to create state reserves of Bitcoin, and Texas waiting for the governor’s veto to do the same. It also distinguished Lummis that more than 30 states are evaluating similar measures, which shows that “innovation in the United States has almost always begun at the state level.”
In addition, Lummis pointed out that other nations are progressing rapidly along this path. He mentioned, for example, that United Arab Emirates is buying Bitcoin through contributed funds (ETF) registered in the US, and that the Central Bank of the Czech Republic is considering including BTC in its portfolio of diversified assets.
Therefore, it is crucial that the country does not stay behind in this game. “The United States needs to lead in this field” and “for this it is necessary for the government to incorporate Bitcoin among its strategic assets, as already happens with gold,” he warned.
Lummis stressed that, currently, USA has about 5% of the world’s gold in reserves, which sees key at the comparative level on the position that the government should take in the digital currency market. He insisted that the country should aspire to have at least 5% of Bitcoin’s total supplyas proposed in a bill on investing in this asset.
In March, Lummis reintroduced such a project, called Bitcoin Law, in Congress that proposes that the US government acquire and maintain more than one million BTC as part of a national strategic reserve. In addition, since her role as president of the Senate Digital Assets Subcommittee, she has promoted regulations that seek to protect investors without hindering the growth of the sector.
Currently, the United States holds the position of the national government with more bitcoin in the world, having in its possession 198,012 BTC, although such holdings have not been bought, but seized of illegal cases. Trump, as soon as he assumed his mandate in January of this year, ordered the creation of a strategic reserve with such possession.
Bitcoin can mitigate US debt, legislators point out
Both Senator Blackburn and Senator Justice agreed that The adoption of a Bitcoin National Reserve could help mitigate the impact of the growing public indebtedness, which already exceeds 37 billion dollars.
Blackburn explained that, unlike gold or state bonds, BTC can offer a more optimal way of stability and protection against inflation of the traditional financial system. And he stressed that, if the US manages to become the undisputed leader of the sector, it is likely that many allies join the tendency to have this asset strategically.
As Cryptonotics reported in April, Lummis indicated that his proposal to accumulate a million Bitcoin as a strategic reserve aimed at facing the country’s fiscal problems. As explained by the senator, the annual accumulation of at least 200,000 BTC for five years would allow the US to control up to 5% of the global supply, and, if this is maintained for two decades, it could reduce national debt by half.
In his opinion, BTC represents a unique tool to correct decades of bad financial management and offer long -term stabilityprovided that it is complemented with policies responsible for public spending.
In the current edition of the Bitcoin Conference, Lummis was emphatic in stating that President Trump supports his projectand that already has a team in the White House working on issues related to digital assets, from the stablecoins to the market structure and the Bitcoin strategic reserve. In his opinion, that is the order in which the issues are being addressed.
The Project of the Orientation and Establishment of National Innovation for the United States Stablecoins (Genius, according to its acronym in English) exceeded a procedure motion in the Senate last week to be treated. In this way, its legislative process progresses, while the initiative to buy Bitcoin still awaits such an instance.
This state interest panorama in the cryptoactive market takes place amid the growing investment in Bitcoin, which has brought its price to a new historical maximum about $ 112,000 per unit this week.
