You see the bill that is going to the house yet? The treasury will have strict regulatory control over all the coins, and there will be required ledger reporting to the treasury in order to do so. At least from what I understand of it. Someone is going to pay for all these ledger reports that have to be tracked and reported, employees don't come cheap. The associated cost they may make it sound cheaper but like everything else in life, if it sounds to good to be true, it probably is. Trump is a wolf in sheep's clothing, and he let that out of the bag the other day when he said stablecoins will be like the US version of Fintech. Which is the Chinese version. If the rich and elites are buying up bitcoin, it is because it's finite, and no they won't be sharing it's value with billions of people across the globe because it will dilute it's value. They are up to something and it usually doesn't come out in the general public's favor.