Congress’s Bitcoin Plan: A Revolution or a Trap?

US lawmakers, those weary architects of the modern state, convene with 18 crypto magnates, including the enigmatic Michael Saylor, to ponder the alchemy of Bitcoin as a strategic reserve. đź§ đź’Ąđź’¸ A spectacle of fiscal sorcery, where the Federal Reserve and Treasury play the role of reluctant scribes, ink-stained and bewildered.

Among the attendees: Tom Lee, the CEO who seems to speak in riddles, and Fred Thiel, whose acronym MARA echoes the hollow triumphs of past ventures. The Digital Chambers, that self-proclaimed guardian of crypto’s fate, shares their list with CryptoMoon, as if revealing the secrets of the ancients. 📜🔮

The BITCOIN Act, a proposal as audacious as it is baffling, demands the government acquire a million Bitcoin over five years. A task as daunting as herding cats, yet the lawmakers, ever the optimists, believe in the power of budget-neutral strategies. 🤷‍♂️

The roundtable, hosted by The Digital Chambers, promises to be a theater of ideas-where the line between innovation and madness blurs like a poorly drawn map. đź§­

Bitcoiners to pitch ideas, seek answers

With the zeal of missionaries, Bitcoin advocates will argue that funding Bitcoin purchases need not burden the taxpayer. A claim as plausible as a snowball’s chance in hell, yet they persist, armed with reevaluations of gold certificates and tariff revenues. 🧾

“The Strategic Bitcoin Reserve must advance, lest we all perish in the digital dark ages,” proclaimed The Digital Chambers, their eyes gleaming with the fervor of cult leaders. 🔥

The BITCOIN Act, a relic of Senator Lummis’s ambition, now faces the same fate as so many legislative dreams: a slow, agonizing death by bureaucratic inertia. 🕰️

Bitcoin miners, VC, bankers to also meet with lawmakers

Miners, venture capitalists, and bankers-each a cog in the grand machine of financial capitalism. CleanSpark’s Matt Schultz, MARA’s Jayson Browder, and Bitdeer’s Haris Basit: all gather to whisper secrets of the blockchain to those who hold the keys to the kingdom. 🤝

Even the old guard, the Western Alliance Bank’s David Fragale and Blue Square Wealth’s Jay Bluestine, join the fray, as if the future of money hinges on their approval. 🤯

And so, the dance continues-a ballet of greed, hope, and the occasional emoji. 🕺💸

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2025-09-16 03:27