According to Odaily, US Congressman Thomas Massie has proposed a bill to end the Federal Reserve after reading the book 'The Bitcoin Standard'. The congressman's decision was influenced by the insights he gained from the book, which discusses the potential of Bitcoin and its impact on the global financial system.
The proposed bill, if passed, could have significant implications for the US economy and its financial institutions. The Federal Reserve plays a crucial role in managing the country's monetary policy, and its termination could lead to substantial changes in the financial landscape.
However, it's important to note that the proposal is still in its early stages and would need to pass through several legislative hurdles before becoming law. The congressman's proposal has sparked a debate about the role of traditional financial institutions in an era of digital currencies.
This news highlights the growing influence of Bitcoin and other cryptocurrencies on political and economic discussions. As digital currencies continue to gain traction, it's likely that they will continue to shape policy decisions and potentially disrupt traditional financial systems.