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  1. United States
  2. Ky.
  3. Letter

Reject risky use of U.S. gold reserves for Bitcoin

To: Sen. McConnell, Rep. McGarvey, Sen. Paul

From: A verified voter in Louisville, KY

March 25

The claims regarding the potential use of U.S. gold reserves to purchase Bitcoin raise significant concerns. Utilizing national assets to acquire cryptocurrency would be an imprudent financial decision fraught with risks. Bitcoin's volatility and lack of regulation render it an unstable and speculative investment, unsuitable for safeguarding the nation's resources. Furthermore, such a move could undermine confidence in the U.S. dollar and traditional financial systems. I urge you to exercise caution and reject proposals that could jeopardize the nation's economic stability for the sake of cryptocurrency speculation.

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