The US is Planning a Gold-Bitcoin Reserve, How Far is the Progress?

The United States is exploring the possibility of supplementing its traditional gold reserves with Bitcoin. 

At the center of this conversation is Senator Cynthia Lummis, who has become one of the most vocal advocates for integrating digital assets into the country’s financial framework. 

Her support for the Genius Act, a proposed legislative move, signals a growing interest among US lawmakers to not only acknowledge cryptocurrencies like Bitcoin but to potentially include them in national reserves.

Senator Cynthia Lummis and the Push for a Digital Reserve

Senator Cynthia Lummis, a long-time advocate for Bitcoin and blockchain technology, recently made headlines by endorsing the Genius Act, which calls for a significant shift in how the United States approaches its national reserves. 

The act proposes incorporating Bitcoin as a modern counterpart to gold, allowing the US to maintain its status as a global financial leader.

Lummis emphasized that Americans are prepared for this shift, and she believes the time has come for the government to match that readiness with clear, strategic action. 

Her statement reflects a growing belief that digital assets should play a more central role in national policy and global economic positioning.

Read also: What is the US Strategic Crypto Reserve?

The Genius Act: A Modern Strategy

The Genius Act aims to modernize US financial infrastructure by integrating Bitcoin into national reserves and establishing clearer regulations for digital assets. Though the act is still in its early stages, its symbolic importance is significant. 

It reflects a growing alignment between innovation in the private sector and policy development at the federal level.

Senator Lummis believes that failing to act could leave the US behind in the rapidly evolving global financial landscape. 

Countries around the world are already exploring Central Bank Digital Currencies (CBDCs) and developing frameworks for cryptocurrency integration. The Genius Act is seen as a proactive step to ensure the US does not lag behind.

Find other interesting articles on Bitrue blog! You can also directly buy selected assets on Bitrue by registering here! 

Read more:The US is Planning a Gold-Bitcoin Reserve, How Far is the Progress?

FAQ

Q: What is the Genius Act? 

A: The Genius Act is a proposed bill that aims to integrate Bitcoin into US financial reserves and establish advanced digital asset policies.

Q: Who is Senator Cynthia Lummis?

A: Senator Cynthia Lummis is a US senator known for her strong support of Bitcoin and blockchain technology. She advocates for the inclusion of digital assets in national strategies.

Q: What if you invested $1000 in Bitcoin 10 years ago? 

A: If you invested $1,000 in Bitcoin in 2015 (10 years ago), your investment would now be worth around $421,283. If you had invested $1,000 in Bitcoin in 2010 (15 years ago), it could be worth about $968 million.

Q: What is the Bitcoin reserve currency? 

A: A strategic Bitcoin reserve is where a government, institution, or company holds Bitcoin as a reserve asset to maintain financial stability, protect against inflation, and strengthen economic independence, similar to holding gold. For example, the U.S. government announced a strategic Bitcoin reserve in March 2025 using forfeited Bitcoin.

Q: Is it still worth buying Bitcoin? 

A: Bitcoin is very volatile, meaning its value can go up and down dramatically. While it has seen big gains in the past, it's also experienced significant drops. Investing in Bitcoin is risky, and you should only invest money you are comfortable losing.

Q: Who has the most Bitcoin? 

A: Satoshi Nakamoto, the anonymous creator of Bitcoin, is believed to own the most Bitcoin, with an estimated 1.09 million coins. After the approval of spot Bitcoin ETFs in January 2024, businesses collectively hold a significant amount of Bitcoin.