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TechFlow, April 20 — U.S. Senator Cynthia Lummis said on the CoinDesk Spotlight program that if the U.S. government used gold certificates valued at their book value calculated in 1974 to purchase bitcoin, "we could cut the national debt in half within 20 years."
Lummis emphasized: "We don't need to spend additional taxpayer funds to buy bitcoin."
U.S. Senator Cynthia Lummis said on the CoinDesk Spotlight program that if the U.S. government used gold certificates, which are still valued on the books at their 1974 levels, to purchase bitcoin, "we could cut the national debt in half within 20 years." Lummis emphasized, "We don't need to spend any new taxpayer money to buy bitcoin."
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