Senator Lummis Drops Bombshell Proposal: 1M Bitcoin to Slash National Debt

Wyoming Senator Cynthia Lummis just threw a Molotov cocktail into fiscal policy debates—suggesting the US Treasury should hold 1 million Bitcoin as a strategic reserve. The move would mark the most aggressive institutional embrace of crypto in history.

Why it matters: With Bitcoin's deflationary design, this isn't your grandfather's debt reduction scheme. The proposal effectively bets America's financial future on crypto outperforming traditional assets—a radical hedge against fiat devaluation.

The fine print: At current prices, 1M BTC equals roughly $70B—barely denting the $34T debt mountain. But as any crypto degenerate knows, past performance doesn't guarantee... oh who are we kidding, it's going to the moon. Just ask the guys still waiting for their 2017 Lambos.

Bottom line: Whether this is visionary leadership or political theater depends entirely on Bitcoin's next decade. Either way, Wall Street bankers just felt a disturbance in the Force—like a million bonus checks crying out in terror.