A Bitcoin advocacy group pushing President-elect Donald Trump to stockpile massive amounts of cryptocurrency and state-level efforts to do the same is run by fossil fuel operatives fighting to eliminate environmental regulations, including the author of the Project 2025 proposal to dismantle the Environmental Protection Agency.

If the group has its way, governments will use taxpayer dollars and workers’ retirement funds to buy and hold billions of dollars in largely unregulated, volatile assets that would boost energy demands and accelerate climate destruction.

By stockpiling Bitcoin, governments would boost legitimacy and demand for Bitcoin, likely contributing to a massive increase in Bitcoin prices — and forcing taxpayers to foot an ever-larger bill. Such a price surge would offer major payoffs for the small group of people who own the majority of Bitcoin, the first and most recognizable kind of cryptocurrency. Just 2 percent of accounts own more than 90 percent of the total Bitcoin currently in circulation.