A new bill, the Bitcoin for America Act, has been introduced in the U.S. House of Representatives, proposing that citizens be allowed to pay federal taxes using Bitcoin. The bill, spearheaded by Representative Warren Davidson, suggests that Bitcoin received from tax payments be added to a Strategic Bitcoin Reserve. This initiative aims to transform the reserve into a long-term accumulation tool, potentially serving as a macroeconomic hedge and appreciating asset for the U.S. Additionally, the bill seeks to eliminate capital gains taxes on Bitcoin used for federal tax payments, facilitating its use by taxpayers. This proposal is part of broader efforts to integrate Bitcoin into the federal financial system.