Senator Lummis Drops Truth Bomb: Bitcoin Won’t Magically Erase $37T U.S. Debt Crisis
Another day, another politician dismissing crypto as fiscal pixie dust.
Wyoming Senator Cynthia Lummis—a rare Bitcoin advocate in Congress—just torpedoed hopium-fueled fantasies that BTC could single-handedly fix America’s runaway debt. The $37 trillion elephant in the room? Still very much there.
Why this matters
Lummis isn’t your average anti-crypto bureaucrat. She’s pushed for clearer digital asset regulations and even got paid in Bitcoin. When she says ‘not this time’ to BTC solving macroeconomic disasters, people listen.
The cold hard math
Even if Uncle Sam liquidated every Satoshi in existence (worth ~$1.2T today), it wouldn’t cover 3% of the national debt. But hey—at least it’d make for one hell of a blockchain transaction.
Meanwhile in Washington…
Lawmakers continue printing money like it’s a Solana meme coin launch. Maybe they’re waiting for Bitcoin to hit $10M per coin before taking action. Classic ‘kick the can’ economics.
