Senator Cynthia Lummis, who leads the Senate Subcommittee on Digital Assets, says the US military backs a plan to create a Strategic Bitcoin Reserve. Jamie Dimon, the CEO of a major bank, recently called that plan a waste. Lummis pushed back. Related Reading: XRP Could Transform Your Finances Long Before $10K, Angel Investor Says Lummis told Bloomberg the military thinks having Bitcoin on hand matters. She said it could be a tool in the economic contest with China. Some see that as a bold step. Others say it’s risky. Military Backs Bitcoin Reserve According to the senator, military leaders say Bitcoin could help in an economic showdown. They see it as a way to hold value if traditional assets get hit by sanctions or big moves from other nations. She spoke about weapons and ammunitions being part of national security, but she added that a Bitcoin reserve is also vital. Some military voices have warned that future conflicts won’t just be fought on battlefields. Money and digital assets could play a key role too. ..
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