In the US, we’re not going to a 1 currency BTC era without first going through a dual-currency era. Have faith and keep building. If we keep doing that, Bitcoin will do the rest.
Discussion
I agree with that reality.
BUT I’m not sure how I feel about so many influential bitcoiners and entrepreneurs being “partners” in this duel format.
River is a business. They’ve got to survive in order to thrive.
Btw, one legal change we can and should lobby for that we can probably get through under a Trump admin is in-kind ETF redemptions without tax consequences. That would be *huge* in a fight to ensure we do not stop in the dual currency era.
100% agree.
That and no cap gains tax below a certain threshold (no cap gains period would be great but not happening yet) is a strong start for people to build and appetite and see what Bitcoin actually is
