A crypto-focused nonprofit says that US senators have thus far obtained over 2,200 letters urging them to co-sponsor and assist a invoice to make Bitcoin (BTC) a strategic reserve asset.
Bitcoin mining advocacy group Satoshi Motion Fund launched an initiative encouraging the general public to ask their senators to assist the BITCOIN Act of 2024 proposed by Senator Cynthia Lummis (R-WY).
The group says the approval of the invoice will defend the US in opposition to monetary crises, improve nationwide safety, place the nation because the chief within the world digital economic system and assist the US counter world financial threats.
“The second to safe our monetary future and bolster America’s management in expertise is right here. We’ve got a vital alternative to assist the Senator Lummis ‘Boosting Innovation, Expertise, and Competitiveness by way of Optimized Funding Nationwide Act of 2024,’ also referred to as the ‘BITCOIN Act of 2024.’”
In a post on social media platform X, Satoshi Motion Fund CEO and co-founder Dennis Porter reveals that over 60% of the letters have been despatched to Democrat senators.
“In simply 48 hours over 2,200 letters have been despatched to U.S. Senators requesting them to co-sponsor and assist the ‘Strategic Bitcoin Reserve’ invoice.
Democrats obtained – 1,333 letters
Republicans obtained – 850 letters
Independents obtained – 41 letters.”
Porter says it will likely be as much as the workplaces of the senators to answer the individuals who despatched the letters.
“Letters are despatched from constituents, not us. Typically, an excellent chunk of the workplaces will reply to their constituents.”
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