Proposing that crypto losses for financial institutions be covered first by cash deposits in the institution. They are looking to steal the savings of people who think they are protected by FDIC. Keep an eye open to what is actually in this legislation.

propping up a fiat currency with something of actual worth.

aka the perfect con job.

Tradition. And it allows the inside players to move the cash to the Caymans and wherever offshore to Switzerland.

The USD is tanking.

There is a no safer haven than a currency tied to nothing other than manipulation.
Zero intrinsic value.

When the USD suddenly craters shits gonna get really bad for US citizens

and has even convinced about seventeen or eighteen people who aren't gullible (though four of them are sealions) to show their hands to the dealer. A new variation on selling an old bill of goods.