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Senator Cynthia Lummis EXCLUSIVE U.S. Strategic Bitcoin Reserve Update

Senator Cynthia Lummis breaks down her bold Strategic Bitcoin Reserve proposal—aiming to accumulate 1 million Bitcoin over five years to strengthen the U.S. dollar and cut the national debt by half. Meanwhile, Dennis Porter joins us to discuss how state governments are racing to adopt Bitcoin, with Utah leading the charge. In this episode, we dive into BlackRock’s in-kind Bitcoin ETF redemptions, the AI revolution shaking global markets, and why Bitcoin is the ultimate hedge against inflation. Don’t miss this high-signal discussion on how Bitcoin is transforming finance, politics, and the future of money! Simply Bitcoin IRL is powered by ► http://bitcoinwell.com/simply Timestamps: 00:00:00 - Introduction to Strategic Bitcoin Reserve 00:00:42 - Inauguration and Keynote Highlights 00:01:33 - Benefits of the Bitcoin Act for Americans 00:02:42 - State-Level Initiatives for Bitcoin Reserves 00:04:10 - Competition Between Federal and State Initiatives 00:05:23 - Senator Lummis on State Innovation 00:06:31 - Current Status of the Bitcoin Act 00:07:31 - Dennis Porter on State-Level Legislation 00:08:09 - Utah's Potential as the First State 00:10:16 - Collaboration with the Trump Administration 00:10:30 - Focus of the New Subcommittee on Digital Assets 00:14:14 - Importance of a Clear Regulatory Framework 00:17:44 - Concerns Over Document Destruction at the FDIC 00:20:20 - Bipartisan Support for Bitcoin Initiatives 00:22:30 - The Role of CBDCs in Current Legislation 00:25:00 - Engaging Lawmakers on Bitcoin Issues 00:30:00 - The Importance of State-Level Engagement 00:33:00 - Bitcoin as a Source of Individual Freedom 00:35:47 - Senator Lummis on Cutting National Debt with Bitcoin 00:42:00 - Closing Remarks and Commitment to Bitcoin The Bitcoin Well is the self-custody Bitcoin platform on a mission to enable independence. Bank to Bitcoin instantly. Self-custody by default. Buy real Bitcoin using Bitcoin Well.