US military leadership to back Bitcoin strategic reserve — Senator Lummis

The Senator’s comments addressed the tensions between the US and China, citing US generals based in Southeast Asia.

US Senator Cynthia Lummis has indicated that certain divisions within the American military are backing the idea of a national Bitcoin reserve to address threats from economic wars.

During a Bloomberg interview on June 3, Lummis said that some US generals, especially those based in Southeast Asia, support the idea of storing BTC as part of a strategic geopolitical move.

“All we need to do is look to the leadership of the current US military to find support for a strategic Bitcoin reserve,” Lummis said, adding that:

Read more