How the US elections will shape the future of crypto
Two hundred years ago, the United States of America spent about $15 million and purchased a strip of land in a historic deal known as the Louisiana Purchase. Buying this territory — about 2 million square kilometers— from Napoleonic France, nearly doubled the size of the United States. For comparison, the US is three times the size of India.
US Senator Cynthia Lummis, the first US senator to own crypto, is now proposing that the United States should create a national Bitcoin reserve to secure the country’s financial future and leadership in global finance. In its boldness and potential to help the United States lead in the “next financial frontier, she likens it to the Louisiana Purchase.
Lummis has been staunchly in the…