Part 4/11:
Chris Hayes points out that the act's proponents are likely capitalizing on the current crypto landscape, where Bitcoin—though showing remarkable value—remains an illiquid and speculative asset. This poses a dilemma for wealthy crypto holders: they cannot easily convert their holdings into liquid cash without crashing the market. Keynesian logic suggests that flooding the market with large sales would inevitably deflate prices, creating a precarious situation for those wanting to cash out.