{"id":3621,"date":"2024-12-03T04:16:33","date_gmt":"2024-12-03T04:16:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3621"},"modified":"2024-12-03T04:16:33","modified_gmt":"2024-12-03T04:16:33","slug":"peter-schiff-says-the-bitcoin-reserve-bill-gets-plenty-of-attention-but-not-on-capitol-hill-questions-lack-of-co-sponsors","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3621","title":{"rendered":"Peter Schiff Says The Bitcoin Reserve Bill Gets Plenty Of Attention, But Not On Capitol Hill \u2014 Questions Lack Of Co-Sponsors"},"content":{"rendered":"<div>\n<p>Renowned economist\u00a0<strong>Peter Schiff<\/strong>,\u00a0on Monday, questioned the government\u2019s plans to set up a strategic <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) reserve, pointing out the lack of support in Congress.<\/p>\n<p><strong>What Happened<\/strong>: Schiff took to X to comment on the proposed legislation for a national Bitcoin stockpile. He noted that, apart from Senator\u00a0<strong>Cynthia Lummis<\/strong> (R-Wyo.), who <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/07\/40087880\/cynthia-lummis-unveils-strategic-bitcoin-reserve-legislation-this-is-our-louisiana-purchas\">introduced the bill<\/a>, and Rep.<strong>\u00a0Ro Khanna<\/strong>\u00a0(D-Calif.), the bill has failed to garner any co-sponsors or significant attention among lawmakers.<\/p>\n<p>\u201cThe bill to establish a \u201cstrategic\u201d Bitcoin reserve gets lots of attention among the HODL crowd on X, but not so much on Capitol Hill. The bill has no co-sponsors,\u201d Schiff said.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The bill to establish a &#8220;strategic&#8221; <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> reserve gets lots of attention among the <a ...><\/a><\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/24\/12\/42281924\/peter-schiff-highlights-lack-of-congressional-support-for-the-bitcoin-reserve-bill\" alt=\"Peter\" schiff says the bitcoin reserve bill gets plenty of attention but not on capitol hill questions lack co-sponsors>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Renowned economist\u00a0Peter Schiff,\u00a0on Monday, questioned the government\u2019s plans to set up a strategic Bitcoin (CRYPTO: BTC) reserve, pointing out the lack of support in Congress. What Happened: Schiff took to X to comment on the proposed legislation for a national Bitcoin stockpile. He noted that, apart from Senator\u00a0Cynthia Lummis (R-Wyo.), who introduced the bill, and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-3621","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3621","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3621"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3621\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}