House Representative Gerald E. Connolly recently called on the US Treasury to block Donald Trump’s proposed strategic Bitcoin reserve. Connolly labeled this plan as unsound fiscal policy that offers no real benefit to the economy. The move comes as concerns about the potential impacts of Bitcoin’s volatility on national economic stability arise. According to Connolly, this initiative could expose taxpayers to excessive risks, emphasizing that a more cautious approach to cryptocurrency is necessary. As debates over Bitcoin’s role in the financial system continue, lawmakers face increasing pressure to make informed decisions about digital currencies and their implications for the future.