Bitcoin Wallets

The bill says you're only required to accept Bitcoin if you have the technical means to accept Bitcoin and they're providing a government wallet that automatically converts it to US dollars. The secondary outcome is that in order to build the service, they are going to the central bank now have custody of the dollars. No one actually has the dollars. They just have a screen that's showing them that they have dollars, but they don't actually have them. And then what are they going to do with those dollars? So that's the whole question is like, yeah,. privacy is lost and capacity of scaping from the government is all is lost as well.