Part 2/7:
A notable point of contention arises from a proposed bill by Senate Republicans aimed at transforming how the federal government engages with cryptocurrency. The bill suggests selling off portions of the Federal Reserve's gold reserves to finance the purchase of Bitcoin, amounting to an ambitious target of assembling one million Bitcoins over five years—representing about 5% of the global supply. The intention behind this initiative is to hold these assets for at least two decades, with a primary focus on reducing national debt.