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“Ditch Gold, Buy Bitcoin?” – Senator Lummis Advocates Bold Shift

Nidhi Kolhapur22 Mar 20251 min read

Senator Cynthia Lummis has suggested that the U.S. government should sell its gold reserves and invest in Bitcoin. She argues that Bitcoin is a more effective hedge against inflation and a stronger long-term asset. Lummis has been a vocal supporter of Bitcoin, emphasizing its decentralized nature and growing adoption. While her proposal is unconventional, it reflects the shifting sentiment toward digital assets as a key part of the global financial system.

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Nidhi Kolhapur
Nidhi Kolhapur

Author

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

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