🇺🇸 NEW FED CHAIR:
"Bitcoin is an important asset, and it doesn't trouble me." https://t.co/wDW9inPHeP
🇺🇸 NEW FED CHAIR:
"Bitcoin is an important asset, and it doesn't trouble me." https://t.co/wDW9inPHeP
JUST IN: There's now a 63% chance Bitcoin will pump back above $65,000 this month, according to Polymarket 👀
HODL! ✊ https://t.co/kvXpaZz6DP
@Polymarket @Strive @ColeMacro @BranBTC WATCH — "The Fiat System Has Terminal Cancer" - Digital Credit is the Answer | BMP w/ Matt Cole Ep 12
Youtube: https://t.co/LKNM1Z5y7T
Rumble: https://t.co/OxNakAmkWQ
Spotify: https://t.co/VfTtVkMKM4
Apple: https://t.co/Dj8l5Ighr4
Congress is taking a real first step toward crafting fair crypto tax policy in the US. Their latest crypto tax package offers relief in many areas, including for stablecoins & gas fees.
However, it fails to eliminate capital gains tax on everyday bitcoin payments.
A de minimis must capture small digital asset payments to provide relief people need.
Why is this so important? ↓
Bitcoin (BTC) is a digital asset and a payment system invented by Satoshi Nakamoto who published a related paper in 2008 and released it as open-source software in 2009. The system featured as peer-to-peer; users can transact directly without an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. The ledger uses bitcoin as its unit of account. The system works without a central repository or single administrator, which has led the U.S. Treasury to categorize bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value by now.