Ah, Senator Lummis. She speaks of Bitcoin as if it were some newly discovered vitamin, a ‘freedom money’ to ward off the creeping illness of⌠well, everything. Inflation, she says, is the ailment, and Bitcoin the cure. One almost expects her to prescribe it with a knowing wink and a cautionary tale about the perils of too much government. Itâs a charming notion, really. Like believing a dandelion can single-handedly halt the advance of winter. đť
A Lifeline, You Say?
On the flickering screen of Fox Business â a place where truths are oftenâŚselected â she articulated this vision. The American people, it appears, are drowning in a sea of depreciating dollars. And Bitcoin? Bitcoin is a little inflatable raft, captained by decentralized code. A delightful image! Though one wonders if the raft holds enough air. The fixed supply of 21 million coins, she insists, is the key. Yes, because limitations always solve problems. It’s why we’re all so thrilled about the limited edition availability of toilet paper.đ˝
No central banks, she breathes. No government control. A siren song for those already distrustful of⌠everything. As if the vacuum left by authority is typically filled with selfless benevolence and not, say, clever rogues and dramatic price swings. Still, one cannot fault the aspiration. The human heart yearns for escape, even if that escape is built on cryptographic algorithms.
Washington and the Digital Frontier
Our Senator, a tireless champion of the digital realm, continues to nudge Congress. A tax bill, you see, to prevent the terrible affliction of being taxed twice for the same Bitcoin transaction. Such benevolence! And the BITCOIN Act! A plan so audacious, so profoundly⌠expensive, it involves the U.S. government acquiring a million of these digital trinkets. One pictures Treasury Secretary Yellen politely declining, but one can dream. Perhaps sheâs been secretly accumulating.đ¤Ť
The White House report, looming like a judge at a poetry slam, is said to nod in her direction. A ‘Strategic Bitcoin Reserve’. It sounds⌠monumental. And slightly ridiculous. Like building a bomb shelter out of marshmallows.
The Marketâs Murmur
At that precise moment, the digital oracle (otherwise known as a price chart) showed Bitcoin dipping a bit. $116,609, down 1.67%. But donât despair! Volume was high! Over $104 billion traded. Apparently, people are still enthusiastically exchanging digital tokens even as their value wobbles. Intriguing. Senator Lummis, predictably, sees this as proof of âresilientâ and âborderlessâ demand. One suspects the market is simply doing what it always does: being stubbornly, beautifully, and maddeningly itself. đ¤ˇââď¸
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2025-07-26 08:22