Pierre • Rochard

Follow for Bitcoin & capital markets insights. CEO of The Bitcoin Bond Company, Steward of @CatholicBitcoin , host of the @BitcoinForCorps show, Board @strive

[Pierre • Rochard @Bittcoin_Pierre]

This afternoon I testified at the Texas Senate Committee on Business and Commerce hearing in favor of SB 21, to establish a Texas Strategic Bitcoin Reserve.

Thank you @DrSchwertner for introducing the bill, @LtGovTX for making it a legislative priority, and @DonnaCampbellTX

[Pierre • Rochard @Bittcoin_Pierre]

US ENERGY DOMINANCE 🇺🇸

[Bayman11771 @Bayman11771]

We at BPI have long argued that #Bitcoin is a critical tool of national power and monetary competition - especially versus China.

Today, INDOPACOM Commander Admiral Sam Paparo testified before the Senate Armed Services Committee that Bitcoin shows incredible potential as a tool for U.S. national security: a 'peer-to-peer, zero trust transfer of value' that supports American interests.

What many of us in national security have known for years is now on the record: Bitcoin strengthens America. And to my Bitcoiner friends who continue to serve - enjoy the moment! 🇺🇸

[Pierre • Rochard @Bittcoin_Pierre]

Claude Code and Opus should be open source. Anthropic benefited so much from mining open source code to train their models, they should pay it forward and benefit from collaborative development.

[Pierre • Rochard @Bittcoin_Pierre]

Part 2/2

[Pierre • Rochard @Bittcoin_Pierre]

The fiat system should stop sabotaging itself.

Bitcoin banking rules would improve bank net interest margins and lower interest rates for borrowers.

Our comments for the Basel 3 implementation

[TFTC @TFTC21]

Folks, we told you this was coming, and today the mask is fully off.

A couple weeks back we reported, based on solid sources, that Coinbase was quietly lobbying to kill a real de minimis tax exemption for Bitcoin while pushing one that applied only to stablecoins like USDC. We laid out the clear incentives in our deep dive. Coinbase made 1.35 billion dollars in stablecoin revenue last year, up 48 percent year over year, almost entirely from yield on the Treasuries backing USDC.

A proper Bitcoin de minimis would let people spend sats on everyday purchases without triggering taxable events on every transaction. That directly competes with their centralized yield machine. We called it what it was. Policy that protects Coinbase’s float rather than advancing neutral Bitcoin adoption.

Brian Armstrong pushed back hard. He called our reporting totally false and misinformation while insisting he was personally lobbying for Bitcoin de minimis. Some accused us of lying or spreading rumors. We stood firm. We offered to have Brian on the TFTC podcast to clear the air. We waited.

Now the latest draft from Reps. Horsford and Max Miller on the updated PARITY Act framework has dropped. It confirms exactly what we warned about. It gives a de minimis exemption to stablecoins but leaves Bitcoin out entirely. It keeps the punishing double taxation on Bitcoin mining fully intact while carving out relief for passive validation, basically staking. This is not an oversight or sloppy drafting. It abandons any pretense of technology neutrality and deliberately picks winners. Dollar-pegged stables and staking get the breaks, while actual Bitcoin usage as money and Proof-of-Work mining get kneecapped.

Without de minimis for Bitcoin, every small Lightning payment or sat transaction still forces cost-basis tracking and IRS headaches. Paying your plumber in sats or grabbing lunch with Bitcoin remains a taxable event. Stablecoins, being pegged and low-volatility, get an exemption they barely need. The real beneficiary is protecting that massive USDC reserve float and the yield it generates.

Meanwhile, American Bitcoin miners, already operating in one of the toughest, most capital- and energy-intensive industries, face continued double taxation while staking gets a pass. That is not neutral policy. It is industrial policy against domestic Bitcoin mining at a time when we should be leaning into energy abundance and securing the hardest monetary network.

The Bitcoin Policy Institute is releasing a full statement soon, and we fully back the call for strong community pushback. Every Bitcoiner needs to contact their reps and make it politically radioactive to sideline Bitcoin while handing carve-outs to stables and staking. This language slows real adoption, entrenches custodians, and weakens American Bitcoin infrastructure.

We weren’t lying. Our sources weren’t lying. The draft proves the reporting was on target. Those who rushed to call it misinformation owe the community some honest reflection.

Brian, if you’re still open to that conversation, the invitation stands. Come on the podcast. No spin, just walk us through how this draft lines up with your stated support for Bitcoin de minimis. The mic is warm.

This fight isn’t over. Bitcoin doesn’t need permission, but bad policy can delay sovereign adoption and punish the miners securing the network. We’re here to protect the protocol and the right of individuals to use sound money without turning every transaction into a compliance nightmare.

Stay sovereign. Stack sats. Use Bitcoin as money anyway. Call your reps today.

[Bitcoin Policy Institute @bitcoinpolicy]

Another successful day in D.C., educating on the importance of smart Bitcoin policy.

[Pierre • Rochard @Bittcoin_Pierre]

When you look at all the financial and regulatory infrastructure that has been put in place since Trump's election 507 days ago, it's obvious that Bitcoin is the most undervalued asset in human history. The next bull market will have no brakes.

[TravelGov @TravelGov]

Hong Kong: On March 23, 2026, the Hong Kong government changed the implementing rules relating to the National Security Law. It is now a criminal offense to refuse to give the Hong Kong police the passwords or decryption assistance to access all personal electronic devices including cellphones and laptops. This legal change applies to everyone, including U.S. citizens, in Hong Kong, arriving or just transiting Hong Kong International Airport. In addition, the Hong Kong government also has more authority to take and keep any personal devices, as evidence, that they claim are linked to national security offenses. Read more: https://t.co/K5w2tETFu5

[Conner Brown @BitcoinConner]

Today’s briefing on a De Minimis exemption for Bitcoin was a great success. Our panel delivered a strong, data forward case for De Minimis relief.

Coinbase presented new stats showing that a De Minimis exemption would bring administrative relief by saving millions of unnecessary forms being sent to the IRS.

Thank you again to @karacalvert , @janessalopez__ and @wmongan for participating and all the staffers who joined. We’ll keep everyone updated as legislation progresses.

[Dana Loesch @DLoesch]

Warren didn't say she had "Native American heritage."
She filled out her 1986 Texas bar registration card by hand writing "American Indian." She claimed she was Cherokee, i.e. a member of Cherokee Nation.
She had Fordham Law Review verbatim list her as Harvard Law School's first “woman of color.”
She plagiarized various French recipes and claimed they were her Cherokee family's historic foods (crab dip with mayo?) in her Pow Wow Chow cookbook.
So your progressive, racist mindset doesn't get to disqualify the ACTUAL American Indian because his skin displeases you.

[Bitcoin Policy Institute @bitcoinpolicy]

Section 33 of Kentucky's HB 380 gives hardware wallet manufacturers two choices: build a backdoor, or stop serving Kentucky customers. Either outcome harms consumers.

We've written to Senate President Stivers urging its removal.

[Joshua Blake2B Fortezza @JoshuaFortezza]

A little known fact, one that only @BitcoinPierre has ever echoed afaik,

the highest form of charity monetarily speaking given a fixed supply monetary system is to hold ones monetary surplus for it has the greatest impact at diminishing poverty among those with the least...🧵1/2

[Peter McCormack 🏴‍☠️🇬🇧🇮🇪 @PeterMcCormack]

The schedule is out for our CheatCode conference this Friday in Bedford.

Speakers include Lyn Alden and Jack Mallers.

Tickets still available - https://t.co/gZcpLJQqBc

[Conner Brown @BitcoinConner]

Very excited for tomorrow's briefing for staffers on Capitol Hill to discuss the importance of a De Minimis exemption for American competitiveness.

Thank you to @coinbase, @blocks and @river for participating and bringing new data to the conversation in D.C.

[Kara Calvert 🛡️ @karacalvert]

Tomorrow I'll be joining @BitcoinConner, @BitcoinPolicy, @blocks, and @river to make the case for de minimis tax relief for all digital asset payments. I'll be sharing timely net new Coinbase data underscoring the need for a de minimis threshold and reporting refinements. Tax modernization isn't a niche ask — it's core to keeping America's payments competitive.

[Adam Livingston @AdamBLiv]

Bitcoin Pierre calls balls and strikes.

[glycine nationalist @acteduweininger]

New Zealand is on track to run out of fuel in about three weeks.

First world country btw. No fuel reserves. Refineries closed down under Jacinda Ardern. Deep sea oil exploration banned under Jacinda Ardern. Jacinda Ardern and covid lockdowns. Jacinda and covid.

[Pierre • Rochard @Bittcoin_Pierre]

This guy has invested in every part of the financial-industrial complex (which he currently advertises on his X banner!), nothing wrong with that, but he also claims to have left that system?

He is suffering from Saylor Derangement Syndrome, fabricating FUD narratives.

[Phil Geiger @phil_geiger]

We're proud to be partnering with @_Checkmatey_ and @_checkonchain to deliver Japanese-native Bitcoin onchain analytics to Japan through @BitcoinJP_