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International Business Times
International Business Times
Business
Marvie Basilan

Pro-Bitcoin Senator Proclaims US Will Establish $BTC Reserve After Trump Win

Bitcoin Cynthia Lummis Donald Trump United States Samson Mow
Sen. Lummis previously foated the Bitcoin Reserve Bill that will establish the world's largest cryptocurrency by market value as a national reserve asset. (Credit: Ivan Radic/flicker)

KEY POINTS

  • Lummis first announced the plan during the Bitcoin Conference 2024
  • She also donned laser eyes, seemingly a tribute to the Bitcoiner community
  • Samson Mow suggested that the government should act fast if it wants to have a $BTC reserve
  • Druid recommended not having placing reserve Bitcoins under the custody of asset management firms

Donald Trump's sweeping victory in the U.S. elections has led to widespread celebrations across the cryptocurrency community, and many were particularly drawn to Republican Sen. Cynthia Lummis of Wyoming's post regarding Bitcoin.

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