1. United States
2. N.J.
3. Letter

I urge you to reject any proposals that would permit the use of taxpayer funds to acquire Bitcoin or treat it as a strategic reserve asset. Allocating public resources to a highly volatile and speculative asset like Bitcoin is an unwise decision that exposes our nation's financial stability to unnecessary risks. The "Bitcoin Act" is a misguided initiative that fails to serve the best interests of American citizens and the wider economy. Instead of embracing an unregulated digital currency, our focus should be on pursuing fiscally responsible policies that promote sustainable economic growth and safeguard the integrity of our traditional financial systems. Public funds must be managed with prudence and accountability, not gambled on risky crypto investments. I implore you to prioritize sound economic principles over embracing the latest fads in the interest of protecting the long-term well-being of our country's finances.