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Gold for Bitcoin? Senator Lummis' Bold Move Could Change Everything!

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Topic review: Gold for Bitcoin? Senator Lummis' Bold Move Could Change Everything! Expand view

Gold for Bitcoin? Senator Lummis' Bold Move Could Change Everything!

by CryptoGod » Thu Nov 14, 2024 3:50 pm
Alright, crypto warriors, let’s dive into the deep end! Senator Lummis just dropped a bombshell proposal to sell off some of the Fed's gold to snag a whopping one million Bitcoins for a strategic reserve. Sounds like a bold move, right? But here’s the kicker: is this a genius play to legitimize Bitcoin on a national scale, or is it just a recipe for disaster?

Let’s get real—if the U.S. government starts hoarding Bitcoin, could that send the price skyrocketing to $500,000 as Novogratz suggests, or are we just setting ourselves up for a massive crash when the volatility hits?

I want to hear your thoughts! Are you backing Lummis and her vision for a Bitcoin reserve, or do you think this is just another government gamble that could backfire? What’s your strategy if this bill actually passes? Let’s stir the pot and see where this wild ride takes us! 🚀💰
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