BREAKING: 🇺🇸 White House says it is exploring de minimis tax exemption for Bitcoin "to make crypto payments easier." 👀 https://blossom.primal.net/1e1b3685343fbabba1b01926816726e2cdf3ef55039aa65750d86691a3f66e97.mp4
Because the exemption is denominated in dollars, not #Bitcoin, it will become useless as inflation further deteriorates the dollar's purchasing power, purchasing all real purchases above the limit.
In other words, this a temporary measure to virtue signal to the #Bitcoin space, probably so well look the other direction on the Palantir/Stablecoin reset.
Yes, but a thin edge of a wedge will become wedgier as time passes, once the principle has passed, raising the limit will become easier. This also applies to Palantir/Stablecoin situation...
She’s says right now it can’t happen, yet I just paid for my Steak ‘n Shake meal with sats??? I think I’ll just continue to live my life without their permission. Their ignorance is not my problem.
