A new bill would end the Fed. Is this feasible? Why this debate matters for bitcoin's adoption and current bull market.

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	Forwarded this email? Subscribe here for more The full post is available to paid members — enjoy a free preview of today’s content! Do we need to end the Fed? A new bill would end the Fed. Is this feasible? Why this debate matters for bitcoin's adoption and current bull market. Nik Bhatia May 23 ∙ Preview   READ IN APP   Dear Readers, Lately, I’ve spent a lot of time considering the power structure between the Treasury and the Federal Reserve. As an aspiring American financial historian, I’ve closely studied the Fed’s founding, the private nature of the individual Federal Reserve branches’ shareholders, the Board of Governors’ history of representing US government interests, and periods of unorthodox coordination. A recent bill proposed to Congress would end the Fed and abolish the Federal Reserve Act (1913)—is this a good idea? River is our Bitcoin exchange of choice. Securely buy Bitcoin with zero fees on recurring orders, have peace of mind thanks to their 1:1 full reserve multisig cold storage custody, and withdraw at any time. Need help? They have US-based phone support for all clients. Now introducing River Link 🔗allowing you to send Bitcoin over a text message that can be claimed to any wallet. Give a gift, pay a friend for dinner, or orange pill your friends, completely hassle-free. Use River.com/TBL to get up to $100 when you sign up and buy Bitcoin. Pulling the strings... Subscribe to The Bitcoin Layer to read the rest. Become a paying subscriber of The Bitcoin Layer to get access to this post and other subscriber-only content. Upgrade to paid A subscription gets you: Industry-leading research on bitcoin and global macro. Post comments and join the community. Support our operations.   Like Comment Restack   © 2024 Nik Bhatia 548 Market Street PMB 72296, San Francisco, CA 94104 Unsubscribe