Senator Lummis Says ‘A Bitcoin Reserve Could Be Audited Anytime 24/7 With Basic Computer’
Senator Cynthia Lummis, an advocate for Bitcoin and financial innovation, called on the U.S. to update its national reserves to include Bitcoin. Lummis, who represents Wyoming in the U.S. Senate, believes that only one basic computer can review Bitcoin reserves 24/7, thereby providing transparency and stability to the U.S. financial system. According to Bitcoin Magazine, she said: “Bitcoin reserves can be reviewed using basic computers 24/7. It’s time to upgrade our reserves.”
As the new chairman of the Senate Banking Assets Subcommittee, Senator Loomis is pushing for legislation changes to include Bitcoin in U.S. economic policy. She has always advocated regulatory clarity and Bitcoin-friendly policies. In recent discussions, Lummis also revealed his growing interest in Bitcoin reserves, not only within the United States, but also in other countries such as the United Arab Emirates.
Lummis shared that states such as Pennsylvania, Texas and Wisconsin are already considering creating their own strategic bitcoin reserves, suggesting that the trend may ultimately affect federal policy. She said states often act as incubators of innovation and that state-level Bitcoin reserves can serve as a model of wider adoption.
Lummis leads Bitcoin integration fees
As part of her advocacy, Loomis will discuss the role of Bitcoin in the U.S. reserves and its potential to stabilize the country’s financial situation in 2025, a key event for the crypto community. She encourages Bitcoin supporters to interact with lawmakers and works to make the country the first to adopt strategic Bitcoin reserves.
Senator Lummis is optimistic about the future of Bitcoin, viewing it as an asset that can help reduce U.S. national debt and provide hedge inflation. She envisions Bitcoin playing a crucial role in protecting the dollar’s position as the world’s reserve currency.
