An open letter to the U.S. Congress

Demand transparency on government cryptocurrency reserves, uphold democratic oversight

1 so far! Help us get to 5 signers!

The creation of strategic cryptocurrency reserves by the U.S. government raises concerns about transparency and accountability. Cryptocurrencies were originally conceived as decentralized digital currencies intended to operate outside of government control. Embracing crypto assets with the stated goal of evading oversight contradicts principles of democratic governance. Furthermore, the inclusion of tainted cryptocurrencies seized from criminal activities in these reserves is highly problematic. Request that the administration provide full disclosure on the composition and management of these reserves, adhering to established oversight mechanisms. Prioritize policies that uphold democratic values of openness and public scrutiny over financial systems, rather than enabling the avoidance of such checks and balances.

▶ Created on May 30 by Michael

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