You can convert Bitcoin into US dollars in a few seconds for minimal cost. This bill has no practical use in actual reality. Bitcoin is an investment instrument like any other.

This would be like the president of Apple demanding the Congress allow taxes to be paid using AAPL shares. It's a meaningless publicity stunt.

Bitcoin went up 500% under president Biden. Matt Gaetz knows that, and knows that Trump and the Republicans are going to lose the Bitcoin vote (such as it exists) because people know that Trump will promise more criminals like SBF will run free and destroy the market, sending investors running for the hills and the prices plummeting.

The safe route here is to go with Biden and the Democrats, which has been a proven winner for Bitcoin and crypto. Matt Gaetz is grasping at straws here.