Reject reckless crypto-reserve plan undermining U.S. financial security

The proposal to create a massive government Bitcoin reserve is a reckless scheme that threatens the stability of the U.S. dollar and our entire financial system. Bitcoin has no intrinsic value and its price is solely driven by speculation. Forcing the federal government to purchase a million Bitcoins with public funds would be an enormous wealth transfer to a handful of crypto billionaires at the expense of American taxpayers. This crypto plot undermines faith in U.S. currency and plays into the hands of those seeking to destabilize and weaken our economy. It is a naked attempt by the cryptocurrency industry to enrich itself by looting public assets like America's gold reserves. We cannot allow our national wealth to be pillaged in service of a get-rich-quick scheme built on tokens with no real utility beyond facilitating criminal activity. This misguided plan would deal a serious blow to the dollar's status as the world's reserve currency and jeopardize America's fiscal sovereignty. Legitimate economic policy should strengthen our financial institutions, not destabilize them for private profit. Upholding trust in our currency and shielding the public from risky speculative assets must be the priority. I urge you to vigorously oppose any efforts to create a strategic Bitcoin reserve or debase America's gold stockpile for the benefit of the crypto industry.