Senator Cynthia Lummis, today:
"If we held 5% of the world's Bitcoin and held it for 20 years without selling any of it, we believe we'd be in a position where it could reduce our debt by 1/3 to 1/2"
"And if we held even more than 5% of the world's Bitcoin, it could actually
Senator Lummis: "Clarity Act will be on the floor of the Senate in July."
Working with Thune to lock in the slot. August recess is the deadline and she knows it.
Michael Saylor in 2024:
"If 10 billionaires decide to buy $1 billion of Bitcoin each, all your models are destroyed."
Two years later, BlackRock alone holds 800,000 Bitcoin.
The models are destroyed.
Baby boomers hold $90 trillion in wealth. 70% of US stocks. Half of all real estate.
89% of senior citizens support raising taxes on younger generations. The median primary voter is 65.
They run the country and they hold the assets. And now they have to fund their own