lummis

Lummis' Bold Bitcoin Plan: Debt Savior or Risky Gamble?

Lummis' Bold Bitcoin Plan: Debt Savior or Risky Gamble?

Senator Lummis has proposed an intriguing, albeit controversial, solution to tackle the US national debt: a significant investment in Bitcoin. This proposal has caused a lot of controversy. Supporters praise its promise. Opponents call attention to its risk-filled nature. MetaBlock X digs into this proposal to learn more. It assesses...
Lummis' Bitcoin Bet: A Bold Innovation or Fiscal Irresponsibility?

Lummis' Bitcoin Bet: A Bold Innovation or Fiscal Irresponsibility?

Senator Cynthia Lummis is definitely raising the stakes with her audacious proposal. Specifically, she advocates for the U.S. government to purchase 200,000 Bitcoin per year over the next five years for a whopping one million BTC. The plan? Save it for 20 years and use the savings to cut the...
Lummis' Bitcoin Plan: Genius Debt Hack or Risky Gamble?

Lummis' Bitcoin Plan: Genius Debt Hack or Risky Gamble?

So, is Senator Lummis’s proposal the beginning of something visionary and transformative, or a recipe for calamity at the national level? Her plan to adopt 200,000 Bitcoin annually for five years is ambitious. Having been given a total of one million BTC, her quest is to eliminate the US national...
Lummis Advocates Bitcoin Acquisition to Tackle National Debt

Lummis Advocates Bitcoin Acquisition to Tackle National Debt

No joke, Senator Cynthia Lummis just dropped the wildest plan we’ve seen so far. She has a vision to reverse the soaring U.S. national debt by smartly purchasing and hodling Bitcoin. Lummis suggests accumulating 1 million Bitcoin, roughly 5% of the total global supply, and maintaining the holdings for 20...