Senator Lummis says Bitcoin reserve is the only solution to the U.S. national debt

The post Senator Lummis says Bitcoin reserve is the only solution to the U.S. national debt appeared on BitcoinEthereumNews.com. Senator Cynthia Lummis believes the answer to America’s ballooning $37 trillion debt is Bitcoin. Summary Senator Cynthia Lummis is bolstering her call for a Strategic Bitcoin Reserve, saying it could offset the national debt and act as a long-term hedge against inflation. She dismissed reports about converting U.S. gold reserves but confirmed that the Trump administration is exploring other approaches to build the SBR. The U.S. government reportedly owes over $37 trillion in national debt. U.S. Senator Cynthia Lummis has once again spotlighted Bitcoin as a cornerstone of America’s financial future, declaring that a Strategic Bitcoin Reserve is the only realistic path to offsetting the ballooning U.S. national debt. Lummis mentioned this in a recent tweet saying, “I truly believe the Strategic Bitcoin Reserve is the only solution to offset our national debt. I applaud President Donald Trump and his administration for embracing the SBR, and I look forward to getting it done.” Her statement accompanied a clip from a Bloomberg Television interview where she discussed the growing interest in BTC-backed reserves at the federal level. The interviewer asked about the idea of converting U.S. gold holdings into Bitcoin (BTC). While Lummis confirmed no traction on that front, she said the administration is exploring “other ways to have a strategic Bitcoin reserve.” She added that Bitcoin is an asset that will grow over time and help offset the rising debt burden. The United States’ national debt currently exceeds $37 trillion and continues to rise. Meanwhile, Lummis has been a long-time Bitcoin advocate, repeatedly framing the asset as a modern hedge akin to gold or oil capable of securing long-term fiscal stability. Earlier this year, Lummis and Congressman Nick Begich introduced the BITCOIN Act of 2025, which outlines a national cryptocurrency strategy and includes provisions to establish a government-controlled Bitcoin reserve. The…

Madhuri Dixit’s Canada show organisers clarify delay caused by miscommunication from her team: “This delay was entirely beyond the control of True Sound Live Ltd”

A day after Madhuri Dixit faced backlash for allegedly arriving three hours late to a live event in Canada, the organisers of the show, True Sound Live Ltd., issued a statement clarifying the reason behind the delay. The event, titled Madhuri Dixit The Golden Girl of Bollywood, took place on November 2 at Toronto’s Great Canadian Casino Resort. According to the organisers, the delay was caused due to miscommunication from the actress’s own management team. The company stated that Madhuri was “misinformed” about her call time, leading to confusion and frustration among attendees who had been waiting for her performance. The clarification came after social media users criticised both the organisers and Madhuri for the delay and lack of transparency about the event format. Labeling the controversy as “misleading social media commentary,” the organisers said, “We at True Sound Live Ltd. would like to clarify the facts regarding the recent Madhuri Dixit The Golden Girl of Bollywood show held in Toronto, following misleading social media commentary. The event commenced on time with a high-energy opening act featuring exceptional singers from Indian Idol, exactly as scheduled.”They further explained, “The show’s format, as communicated to Madhuri Dixit’s management, included a Q&A session at 8: 30 PM followed by Madhuri’s 60-minute performance segment. However, despite our production team’s readiness and continuous communication throughout the evening, Madhuri Dixit’s own management team misinformed her about the call time, resulting in her late arrival around 10 PM. This delay was entirely beyond the control of True Sound Live Ltd.”The organisers also blamed “certain backstage individuals” for creating further confusion during the event. “We also want to clarify that certain backstage individuals, including Shreya Gupta, were preoccupied with personal video recordings instead of supporting the artist’s timely coordination, which further added to the confusion. Attached videos clearly show Madhuri Dixit’s on-stage presence and performance, and we invite the public to view the footage and judge objectively,” the statement added. A video shared by a user named Parwaiz Dhanani showed Madhuri dancing to her popular number Mera Piya Ghar Aaya from the 1995 film Yaraana. However, criticism continued online as several attendees accused the organisers of poor communication. One person wrote, “Everyone please report the organizers to Consumer Protection Ontario. I just got off the phone, and this falls under ‘Misrepresentation.’ It’s illegal for a business or individual to give you false information about themselves or the product or service they offer.”Another attendee expressed disappointment, saying, “I am glad I saw her, but I left at 11: 05 PM as I had work the next day. I honestly don’t know if it was the organizers or her who decided she would come at 10 PM. On my ticket, it said the start time was 7: 30 PM. It did not mention any pre-shows. I expected it to be a chat with some singing and dancing. It just started way too late and disrespected the audience’s time.”Also Read : Truth behind Tezaab: How Boney Kapoor and N. Chandra built the Anil Kapoor-Madhuri Dixit classic.

Abhishek Bachchan and Saiyami Kher starrer Ghoomer re-releases on November 7 nationwide to honour India’s Women’s Cricket Team’s World Cup win

As India celebrates the historic World Cup victory of the Indian Women’s Cricket Team, the spirit of cricket and inspiration returns to the big screen with Ghoomer, the critically acclaimed sports drama directed by R. Balki. Starring Abhishek Bachchan and Saiyami Kher, Ghoomer is all set for a special theatrical re-release this Friday, November 7, in celebration of the nation’s enduring love for the game and the women who continue to redefine it. Originally released on August 18, 2023, Ghoomer tells the inspiring story of a cricketer who overcomes immense personal challenges under the guidance of a determined coach who refuses to let her quit. Directed by R. Balki and produced by Rakesh Jhunjhunwala, Abhishek A. Bachchan, Gauri Shinde, Wg Cdr Ramesh Pulapaka (Retd) and Anil Naidu, the film highlights themes of resilience, mentorship, and the unbreakable spirit that lies at the heart of Indian cricket. Speaking about the re-release, director R Balki said, “I’m thrilled that Ghoomer is releasing again to celebrate the incredible achievement of our women cricketers. Ghoomer was always a tribute to women’s cricket and the resilience of women cricketers. And they did it at the same stadium where Ghoomer was shot. Two matches, one fiction, one fact, on the same pitch. I can’t wait to see audience reactions again.”The film’s message feels even more powerful today. The Indian Women’s Cricket Team’s historic World Cup win echoes the very soul of Ghoomer a story rooted in determination, discipline, and the will to rise beyond limitations. What Ghoomer captured on screen the grit, grace, and glory of women breaking barriers has now come alive in reality through the champions who have made the nation proud. Ghoomer stands as a tribute to every dreamer who refuses to give up, and to every coach, mentor, and supporter who helps them rise again. Its re-release not only celebrates India’s recent cricketing triumph but also reignites the pride, joy, and hope that every cricket fan holds dear. Returning to theatres this Friday, November 7, Ghoomer offers audiences the perfect chance to relive a story of spirit, resilience, and victory both on and off the field. Also Read : Abhishek Bachchan on responding to a journalist’s accusation of him buying an award, “I normally avoid confrontations with trolls but.”.

Salman Khan summoned by Consumer Court for alleged misleading ‘Pan Masala’ ads

Salman Khan is in the eye of a legal storm after a consumer court issued a notice to him in connection with allegedly misleading advertisements for a pan masala brand. A complaint filed by senior BJP leader and Rajasthan High Court advocate Inder Mohan Singh Honey accused the actor and the company behind the product of deceptively promoting the product as “saffron-infused cardamom” and “saffron-infused pan masala.” Honey pointed out that saffron costs about Rs. 4 lakh per kilogram and contended it “cannot be an ingredient in a product priced at Rs. 5.”Honey further remarked, “Salman Khan is a role model for many people. We have filed a complaint against it in the Kota Consumer Court, and notices have been issued for a hearing. Celebrities or film stars in other countries don’t even promote cold drinks, but they are promoting tobacco and pan masala. I urge them not to spread the wrong message to the youth, as pan masala is one of the leading causes of mouth cancer.”Following the filing of the complaint, the Kota Consumer Court has formally issued notices to the actor and the manufacturing company, requesting their responses ahead of the next hearing scheduled for November 27. It’s worth noting that while Salman Khan has appeared in advertisements for the brand’s elaichi (cardamom) product, he has not featured in ads for the pan masala product itself. The firm in question is the manufacturer of both elaichi and pan masala under the brand name. As of now, no reply has been publicly confirmed from Khan’s side or the company regarding the notice. The coming hearing will reveal whether the court deems the promotional claims unfair to consumers and whether the actor’s involvement will have further legal implications. Also Read : Salman Khan to play Chhatrapati Shivaji Maharaj’s right hand Jeeva Mahala in Riteish Deshmukh’s Raja Shivaji.

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