Just a little reminder, as things are about to get crazy, emotions and excitement can run high, don’t send bitcoin or crypto to some random wallet address or QR code.
As ever, do your own research before hand.
Great leaders do not fear the future. America could win the future by embracing Bitcoin as hard money that can be used to stabilize USD and undo the tailspin begun in 1971.
We NEED you. Pls call your Senators. Pls tweet. Pls email. We are facing major headwinds on the Wyden-Lummis-Toomey amendment. Burying financial innovation in red tape & sending devs + miners on info collection wild goose chases for info they don’t know is horrible policy.
…Who commit open-source code to a transparent, publicly viewable, decentralized ledger — facilitating peer-to-peer transactions without the need for a trusted (but sometimes not actually trustworthy) third party. #btc
Update: We are in hurry up & wait mode. We continue to push for a vote! I feel VERY GOOD abt the Wyden Lummis Toomey amendment’s passage IF we can get a vote. (Thanks to YOU all). I am DISCOURAGED about our ability to get a vote on it (or any additional amendment). Max pressure.
This is why people in government need to understand digital assets. ⤵️ The USA can be the beneficiaries of the CCP’s mistake (but we must be careful not to make equally stupid mistakes in our handling of financial innovation.)
Facial recognition for taxpayers. Giving Treasury Secretary power to ban #BTC + digital assets. Intrusive reporting requirements for banking. Absolute LUNACY. Each stands in opposition to 1st principles. I will FIGHT every one of these intrusions into American life and commerce.
3/ It doesn’t say it explicitly, but this is a direct attack on the digital asset industry. The Treasury Department already has broad authority in this area, but it has a strict time limit and a public notice requirement.