‘This Is an Enormous Heist’: Chris Hayes Sounds the Alarm on Republican Bill That Would Transfer $100 Billion to Bitcoin Owners
‘You can’t pay the debt down in Bitcoin’
Dec 7, 2024 9:00 AM
By Grabien Staff
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EXCERPT:
HAYES: “Reduce our debt? You can’t pay the debt down in Bitcoin. Are you tracking this? Are you tracking what’s being planned and announced in person here, right? The U.S. government handing billions of dollars into the pockets of rich crypto-holders. The plan is the Bitcoin Act would have the government sell off some of its gold reserves – you know, the stuff from Fort Knox – and use the money to buy a [million] Bitcoin at current market value that would cost $100 billion.”