An open letter to the Senate and Congress to SAVE America

 

Subject: Urgent Call for Congressional Oversight: Preventing a Catastrophic Economic Collapse Due to Proposed Crypto Policies

Dear Senators and Congressmen of the United States:

The United States stands at a pivotal crossroads, where decisions made in the coming months could determine our nation’s economic stability for generations. I am writing to urge you to take immediate action by forming a congressional committee to study and respond to the alarming economic policies hinted at by incoming President Donald Trump, particularly those reflected in Senator Cynthia Lummis' proposed crypto strategy. These policies, if implemented, pose an existential threat to the United States economy and the livelihoods of millions of Americans.

The Problem: Bypassing Congressional Authority
Central to our system of checks and balances is Congress' authority over the budget and money supply. Any attempt to bypass this authority undermines the very fabric of our democracy. The suggestion that the United States could leverage Bitcoin or other cryptocurrencies as a core part of its economic strategy not only circumvents congressional oversight but also exposes the country to unparalleled economic risks.

Trump’s apparent plan, as inferred from the Lummis bill, would involve propping up cryptocurrencies like Bitcoin using resources from the U.S. Treasury. This would effectively divert part of the national budget—without Congressional approval—to create a speculative bubble of U.S. dollar demand via Bitcoin. Such a move is not only unconstitutional but would inevitably lead to economic disaster.

The Illusion of Wealth vs. the Reality of Collapse
The rationale behind this plan appears to be that increasing Bitcoin's value would somehow protect the U.S. dollar and generate wealth. However, basic economic principles suggest the opposite:

• Hyperinflation Risk: Financing Bitcoin purchases with debt would expand the money supply at an unsustainable rate, leading to runaway inflation.
• Economic Inequity: Most Americans, especially those in lower-income brackets, could never afford Bitcoin at the speculative prices of $100,000 or $250,000 per coin, leaving them excluded from any perceived benefits.
• Energy Consumption: The Bitcoin network already consumes an estimated 160 terawatt-hours of electricity annually. Scaling this up to meet the proposed 16 trillion-dollar market cap would require 1.5 quadrillion terawatt-hours, an inconceivable and environmentally destructive amount of energy. (that is many times of electricity produced by the USA currently) 
• Speculative Instability: Cryptocurrencies do not produce intrinsic value, fuel industries, or support economic development. They serve as speculative instruments, parking money without generating real-world economic benefits.

A Bubble Waiting to Burst
Trump’s plan would essentially park $16 trillion in Bitcoin—an amount equivalent to 50% of the U.S. GDP—expecting this speculative bubble to grow and resolve economic challenges. However, history has shown that speculative bubbles inevitably burst. In this case, the collapse would simultaneously trigger:

1. A massive bubble of derivative debt.
2. A massive bubble of cryptocurrency debt.
3. A catastrophic hyperinflation crisis.

This chain reaction would decimate the U.S. economy, leaving us unable to fund essential programs, pay salaries, or service the national debt.

The Lummis Miscalculation
Senator Lummis has proposed that the United States aim to own 5% of all Bitcoin, or approximately $16 trillion worth. This reasoning is fundamentally flawed. Cryptocurrencies are denominated in U.S. dollars, meaning that increased investment in Bitcoin directly increases the money supply, fueling inflation. Worse, much of the money used to purchase Bitcoin comes from loans, creating layers of unsustainable debt.

The Hidden Beneficiaries
This plan would disproportionately benefit wealthy investors such as Elon Musk, Vivek Ramaswamy, and other elites such as Black Rock and Vanguard with significant crypto holdings. They stand to gain enormous wealth from this speculative bubble, while ordinary Americans would face skyrocketing inflation, unaffordable living costs, and economic instability.

A Call to Action
Congress must act now to prevent this economic experiment from becoming reality. I propose the following steps:

1. Form a Congressional Committee: Investigate the legality and economic implications of using Treasury funds to invest in cryptocurrencies.
2. Legislation to Protect the Economy: Pass laws explicitly prohibiting the U.S. government from allocating taxpayer funds to speculative investments like Bitcoin.
3. Transparent Hearings: Hold public hearings to examine the economic, environmental, and social consequences of crypto-focused policies.
4. Immediate Oversight of Trump’s Plans: Preemptively address any attempts to bypass Congress and undermine its authority before they reach the implementation stage.

Conclusion
The stakes are too high to ignore. The proposed crypto strategy is a recipe for total economic collapse. It would enrich a small group of elites at the expense of the American people, destabilize the dollar, and undermine our global leadership. Congress must act decisively to safeguard our economic future.

I trust that you will recognize the urgency of this matter and take swift action to protect our nation. Thank you for your time and service. I am pretty good at predicting things. In 2017 I predicted 100% accurately what the first Trump four years will be. (SOS to Humanity: The destruction of the USA) Let us hope Trump assumes responsibility and follow the mandate of the American people. You represent the will of the American people. The president of the United States is elected to serve the interests of the American people. That principle is being ignored and shamefully the recent government shutdown threat exposed that somehow the current GOP senators and congressmen are under the disgusting illusion that they serve Donald Trump and President Elon Musk. Shame on you. I hope this does not become the prediction of the century.