Tag Archives: cynthis lummis

GOP Plans $100 Billion Backstop For Bitcoin Owners

Mediaite reports: Chris Hayes broke down a plan by Republican legislators to transfer billions of dollars of taxpayer money to owners of Bitcoin in exchange for their holdings. At issue is a bill introduced by Sen. Cynthia Lummis (R-WY) that, if enacted, would require the U.S. Treasury to buy one million Bitcoins over five years and be held for at …

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