Here’s the thing … if there aren’t buyers enough to maintain the price, the paper value isn’t correct. This is an artifical scarcity, and this bill would be a bail out to the rich and leave the US taxpayers holding the bag when the market crashes. The US taxpayers would then own all this bitcoin with no way to sell without crashing the market so it’s just a direct transfer of wealth to the current holders.
Here’s the thing … if there aren’t buyers enough to maintain the price, the paper value isn’t correct. This is an artifical scarcity, and this bill would be a bail out to the rich and leave the US taxpayers holding the bag when the market crashes. The US taxpayers would then own all this bitcoin with no way to sell without crashing the market so it’s just a direct transfer of wealth to the current holders.