Fustler

#Bitcoin Follow meet up group @btcvancity

[Fustler @Fustler_]

In case you didn’t know.

[Fustler @Fustler_]

@Pledditor He won the Masters in 2019. Wtf are you talking about.

[TFTC @TFTC21]

Coinbase is quietly lobbying to kill Bitcoin's de minimis tax exemption.

The company reportedly told legislators that "no one is using Bitcoin as money" and that a Bitcoin de minimis exemption would be "DOA." Meanwhile, they're pushing for the exemption to apply only to stablecoins, specifically regulated, dollar-pegged stablecoins like USDC.

Coinbase made $1.35 billion in stablecoin revenue in 2025, up 48% year over year, almost entirely from interest earned on U.S. Treasuries held in USDC reserves. Bloomberg estimates that number could surge 7x under the GENIUS Act. Every person who uses USDC for payments instead of Bitcoin is a person whose dollars are sitting in Coinbase's reserve pool generating risk-free yield for Coinbase.

A de minimis exemption for Bitcoin would let people spend it freely for everyday purchases without triggering a taxable event. That makes Bitcoin a direct competitor to USDC as a payment method. Coinbase doesn't want that competition. They want you locked into their centralized stablecoin ecosystem where they clip yield on every dollar you park there.

The irony is that a de minimis exemption doesn't even make sense for stablecoins. They're pegged to the dollar. They don't fluctuate in value. There's no capital gain to exempt. The exemption matters for Bitcoin precisely because it does fluctuate, and without it, every coffee purchase becomes a taxable event.

Senator Lummis proposed a $300 de minimis exemption that would cover Bitcoin. The House framework only covers stablecoins under $200. The Bitcoin Policy Institute has already warned that Bitcoin is being deliberately excluded from these talks.

A de minimis exemption that covers stablecoins but not Bitcoin isn't a tax framework. It's a subsidy for Coinbase's treasury management business disguised as consumer protection.

[Fustler @Fustler_]

@HMcPhersonNDP What? Why does their sexual orientation matter at all Heather?? What a completely useless point to include in your tweet. Get a grip.

[Fustler @Fustler_]

@Dave_Eby Many words to describe you that are worse than treason.

[Learning Bitcoin Foundation @learningbtcfdn]

🚨 HUGE 2026 UPDATE: Learning Bitcoin is evolving into the Learning Bitcoin Foundation, a Canadian nonprofit! Scaling global impact for Bitcoin education.

We're partnering with top Bitcoin & freedom tech conferences worldwide as their education plug-in. FOCUS: Under-resourced communities in Africa, SE Asia, Europe, NA, & Latin America 🤝

Training activists & leaders in Bitcoin basics, security, self-custody, & advocacy via workshops + open-source tools. GOAL: Help local hubs with financial access & inclusion! Overcoming costs, barriers, & economic vulnerabilities 🚀

DM to donate, partner, or join events. Let's connect!

[Fustler @Fustler_]

@UltraDane She has Down syndrome you moron.

[Fustler @Fustler_]

@Dave_Eby Sure Chief Eby🪶

[Fustler @Fustler_]

@MarkJCarney Print more money daddy 🤡

[Fustler @Fustler_]

@torontolife 🤮

[Fustler @Fustler_]

@COPEVancouver Cope harder. We need to get back on track fiscally and cuts are what is needed. The free hand outs and socialist BS needs to be reigned in

[Fustler @Fustler_]

@seanorr Have you asked the Province that dude?

[Fustler @Fustler_]

@BrentRichter @NorthShoreNews Pretty confident zero people are asking for this yet thousands are asking for improvements to roads,bridges and solutions for bottleneck crossings to downtown.

[Fustler @Fustler_]

@COPEVancouver You guys think you’re flexing but you look like morons posting this over and over. No one cares. Keep going, please.

[Fustler @Fustler_]

@ecb Haha. Yeah no. We’ll just use Bitcoin ✌️

[Fustler @Fustler_]

@AdrianeCarr Stupidest motion maybe ever brought forward. 16 year olds have no business voting in politics. Give your head a shake.

[Fustler @Fustler_]

@BruceAHeyman @JustinTrudeau @ChicagoCouncil Better steam clean the couch now.

[Fustler @Fustler_]

@Troy__Charles lol. CBC is a 🗑️ 🔥

[₿TC VANCITY ∞/21 Million - Powered by Bitcoin Well @BtcVancity]

Thursday November 20th. Are there any out of town Bitcoiners planning to be in the city of Vancouver? Planning a meetup 👀

[Fustler @Fustler_]

@Colin_Sully @sebbunney 🚬

[Fustler @Fustler_]

@sebbunney @Colin_Sully Doxxxxxxed Seb’s 📝