The Supreme Democrats urge the Treasury to stop strategic Bitcoin protection zones.

The Democratic Party’s member of the Democratic Party stopped the US Treasury to establish Donald Trump’s strategic Bitcoin Protection Zone and urged it to “enrich the president and his donors.”

On March 13, Michigan Gerald E. Connolly said, “These reserves do not provide noticeable benefits to the American people. letter To Scott Bessent Treasury Minister.

He added that the federal preparatory bank officials, called the “stupid idea,” will be wasteful of the taxpayer dollar.

Trump’s strategic Bitcoin protection area

Connoli also warned that Trump’s plan also could lead to a “sound fiscal policy” because Trump’s plan was promoted in other social media.

According to lawmakers, this is with the existing Bitcoin Certain password Not only the holder but also the president.

He also said it is not necessary to justify investment in the “volatile and speculative cryptocurrency market.”

Trump’s password protection area is a very speculative taxpayer support hedge. Bitcoin The speculators were convinced that if an accident came, he would deploy this fund to deploy this fund. ”

Connoli’s argument contradicts the White House’s statement about the protection area.

Trump’s password and AI Czar David Sacks recently said that the government will only form only digital assets seized by the government. He also said that the government is seeking a cost neutral strategy to build a stake in a protected area that does not affect taxpayers.

Just a few minutes ago, President Trump signed an administrative order to establish a strategic Bitcoin protection zone.

This protected area is capitalized as a bitcoin owned by a federal government confiscated as part of a crime or civil asset confiscation process. This means that …

-David Sacks (@davidsacks47) March 7, 2025

Trump’s proposed strategic bitcoin protection zone presents conflicts.

Connoli also argued that Trump suggests conflicts of understanding, given the president’s ownership of the president’s world free finance.

Connoli insisted that the president and his family would have practical digital assets by preferring digital assets and promoting US encryption reserve troops.

Donald Trump’s project just bought $ 1 billion $

The World Liberty FI address sent $ 25 million USDC last week.

I just purchased SEI $ 100K from Ether Leeum and sent it back to the main WLF address. pic.twitter.com/wxvsyifdsk

-Arkham (@arkham) March 13, 2025

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