Bryan Collins

Faith, family, 2nd A. Pursuer of truth. BTC

[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.

[Bryan Collins @TrialByFire41]

@mikefutia claude

[NothingIsArt @NothingIsArt]

Animal testing is incompatible with a civilized society.

[Bryan Collins @TrialByFire41]

@Shahriar661731 Master

[Radigan Carter @radigancarter]

https://t.co/Ys7x2TMb2t

[Lauren Lee @laurenlee]

🚨 NIH just quietly gave $718,805 to induce heart failure in puppies... and then CUT OUT THEIR HEARTS while still alive.

I am in shock. This is absolutely brutal.

On February 23, shortly after @SecKennedy promised to end animal testing, @NIHDirector_Jay directed your taxpayer dollars to inhumanely k*ll hundreds of puppies at University of Utah.

The grant was found and exposed by @WhiteCoatWaste, the same organization that partnered with Kennedy to expose the original Fauci experiments on beagles.

Secretary Kennedy: MAHA was promised an END to Fauci-era cruelty.

Please keep your word and END these programs once and for all!

Tag @SecKennedy, tag @NIHDirector_Jay.

Use AI. Use p*dophiles. LEAVE THE PUPPIES ALONE.

[Bryan Collins @TrialByFire41]

@AlfieJCarter Agents

[Bryan Collins @TrialByFire41]

@LoganTGott CLAUDE

[Bryan Collins @TrialByFire41]

@yanndine AGENTS

[Bryan Collins @TrialByFire41]

@thebtcdad hi 😊

[Bryan Collins @TrialByFire41]

@LoganTGott Claude

[Bryan Collins @TrialByFire41]

@sakhil_ai Claude

[Bryan Collins @TrialByFire41]

@Glow_Fragrance n8n

[Presley Quinn @Glow_Fragrance]

I MADE A VOICE AI AUTOMATION AGENT FOR A REAL ESATE AGENT THAT MADE THEM $43,000

Literally created this bot in 20 mins with n8n

Want a Doc + workflow on how to do it?

RT, Like,Bookmark & reply "n8n” and I’ll DM it to you

(Must follow for dm)

[Bryan Collins @TrialByFire41]

@code_joyen0 AI

[Bryan Collins @TrialByFire41]

@TechWith_Nova STATICS

[Bryan Collins @TrialByFire41]

@mikealfred

[Bryan Collins @TrialByFire41]

@sarfraj_ab75685 COWORK

[Bryan Collins @TrialByFire41]

@Mike_Scully_ AI