Part 2/11:
In a recent segment, Chris Hayes delves into the implications of this proposed legislation, which has drawn concerns due to its potential impact on taxpayers and the financial market. The Bitcoin Act aims to allocate up to $100 billion in taxpayer funds to create a federal reserve of Bitcoin holdings, striving to collect 1 million Bitcoins over five years. Sponsored by Senator Cynthia Lumis, the bill claims that these reserves will ultimately help reduce national debt.