> If you think it’s a bad idea, show the economic flaws or security holes

Ok, sure. The US is using taxpayer money to promote channels that are most commonly controlled by enemies of the American state and not allies: https://www.cnn.com/2025/02/24/politics/north-korean-hackers...

Treating digital currency equivalent to a hard asset will result in Americans being defrauded, exchanges losing control and the funding of adversarial powers including but not limited to nuclear-armed rogue states, Hamas, and the Chinese Communist Party. Whereas the SEC would ordinarily be able to investigate or stop this flow of money, with cryptocurrency they will have no such control.