XRP in the SBR? GTFO
Here’s why Bitcoin should be the only “digital asset” held in 🇺🇸 US strategic reserve.
On Jan 2nd, Coinbase and MicroStrategy urged the IRS to exclude unrealized crypto gains from CAMT calculations in a joint letter.
They call it unfair, a risk to capital flight, and a disincentive for crypto holdings.
They emphasized tax parity and avoiding forced asset sales.
“If you fear the devaluation of your currency or are concerned about the economic or political stability of your country, you can turn to an instrument called Bitcoin," - Larry Fink
https://bitcoinnews.com/adoption/larry-fink-bitcoin-world-economic-forum/
Trump's Crypto Czar: "We are going to need to evaluate a National Stockpile of Digital Assets, we haven't decided to do it yet."
"The market chooses the hardest asset to produce as money because it holds on to its value - that is exactly what's going on with Bitcoin right now."
JUST IN: The SEC rescinds SAB 121, clearing the way for financial institutions to custody Bitcoin.
SAB 121 had required banks to treat customer-held crypto as liabilities, imposing heavy capital requirements.
Its removal now encourages banks to offer BTC custody services.
Sounds like they are eyeing the Silk Road Bitcoin to start the reserve
“The Working Group shall evaluate the potential creation of a national digital asset stockpile… potentially derived from cryptocurrencies lawfully seized by the Federal Government”
🇺🇸 Senator Cynthia Lummis takes the helm as chair of the Senate Banking Subcommittee on Digital Assets—a major leap toward establishing a Strategic Bitcoin Reserve.
JUST IN: Senator Lummis is picked to chair the Senate Banking Subcommittee on Digital Assets stating, "Congress needs to urgently pass bipartisan legislation establish a comprehensive legal framework... that strengthens the dollar with a strategic bitcoin reserve."
Trump to hold call with Bukele today at 3:30pm ET
nostr:nprofile1qyx8wumn8ghj7cnjvghxjmcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqzrthwden5te0dehhxtnvdakqz8thwden5te0dehhxarj94c82c3wwajkcmr0wfjx2u3wdejhgqgkwaehxw309ahx7um5wghx7mnnv968xtn0wfnszynhwden5te0danxvcmgv95kutnsw43qzxrhwden5te0wpex2mtfw4kjuurjd9kkzmpwdejhgqghwaehxw309aex2mrp0yhxxatjwfjkuapwveukjqg5waehxw309aex2mrp0yhxgctdw4eju6t0qyv8wumn8ghj7un9d3shjtnndehhyapwwdhkx6tpdsqzpgng5xuvqlsegeupx7yv3wzas2mjzxh78g4edteewvhtq79uydu3n92hx0 Major of Jotlz: Taproot Assets by Lightning Labs brings stablecoins to Bitcoin’s Lightning Network, enabling scalable fiat-denominated payments on a borderless, censorship-resistant network.
https://bitcoinnews.com/opinion/future-of-payments-joltz-taproot-assets/
Michael Saylor on the hard truth about inflation.
Children at an orphanage in 🇵🇾 Paraguay learning how to assemble and disassemble an S9J Bitcoin miner.
JUST IN: Kansas Senator Bowser introduces Senate Bill 34, proposing the Kansas public employees retirement system allocate up to 10% of its funds in Bitcoin ETFs 👀
Ross Ulbricht is now a free man, and his full pardon marks the end of one of the greatest miscarriages of justice of the 21st century.
LARRY FINK SHILLING BITCOIN AT THE WORLD ECONOMIC FORUM
"If you're frightened about debasement or local political instability, you have an international instrument called Bitcoin to overcome those fears."
"We could see $500K, $600K, $700K per BTC"