Russ

Texan | Pattern Breaker | Independent Brained | Volatility Life

[Russ @AlamoHODL]

#TheFiatMind cannot comprehend #Bitcoin.

[Ben Justman🍷 @BenJustman]

GSG

[Richard Byworth ∞/21M @RichardByworth]

Had an amazing chat with a family office today that really understood Bitcoin.

The principal said something quite powerful: “Bitcoin is alive, it’s breathing - that shows up as volatility. If you haven’t understood it or taken time to learn about it, it will throw you out”

[Russ @AlamoHODL]

🧐

[StripMallGuy @realEstateTrent]

The people who buy single family homes as investment properties haven’t studied commercial real estate

[AA ⚡️ @AAStack]

Being a Bitcoiner for 5 years is the fastest PhD program on Earth.

Overnight you become:
– A macroeconomic analyst
– A central banking critic
– A financial advisor (unsolicited)
– An investment strategist
– A geopolitical expert
– A monetary historian
– A gold & silver debunker
– A fitness coach
– A carnivore diet expert
– A seed oil investigator
– A cold plunge evangelist
– A stoic philosopher
– A part-time spiritual healer
– A full-time skeptic

You start with “number go up” and end up questioning reality, money, health, time, energy, and human behavior.

Bitcoin doesn’t just fix money.
It turns regular people into unlicensed, over-confident, extremely well-read jack-of-all-trades. Agreed?

[Russ @AlamoHODL]

https://t.co/3imHc47iC2

[Russ @AlamoHODL]

@trace_halvorson @nithusezni 👀 $5's still for Jan.

[CHODL @CH2BF]

https://t.co/D6TP1CgeLj

[Russ @AlamoHODL]

@BitByBitBullish when chevron deference application of this?

[DarkSideOfTheMoon @darkside2030]

https://t.co/2txE77MUeB

[DarkSideOfTheMoon @darkside2030]

Scott, you do realize that the entire Quantum narrative is relentlessly pointed at bitcoin. The issue I see is that the entire financial system run on FIX protocol. This is secured by TLS, a protocol that would be low hanging fruit compared to bitcoin. Common sense tells me there are other intentions with these reports

[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.

[Cris Reed 🎙️Bitcoin Mindset Podcast @CrisReed]

https://t.co/v4Hp0CAdAf

[Tom Luongo @TFL1728]

Dedication personified

Chuck finally lost the only fight that matters.. the one against time

We all have our favorite Chuck Norris joke:
“There is no global warming…Chuck was cold so he turned up the sun” is mine

[Mark Gadala-Maria @markgadala]

Lord of the Rings x Pawn Shop might be the greatest AI video ever created.

Credit u/YouAreNowDUM

[Justin Bechler @1914ad]

https://t.co/fA1UmGvKou

[Rep. Anna Paulina Luna @RepLuna]

The entire Texas delegation, as well as every single other Member of Congress, should be condemning a sitting Member of Congress asking for explicit photos of their staff. As a woman, this is really disgusting to see. Not to mention, it brings dishonor on the House of Representatives. I am so sick of people not calling this crap out. Again, like I’ve said before, this is not the only case of this crap up here. @RepTonyGonzales, shame on you.

[Cris Reed 🎙️Bitcoin Mindset Podcast @CrisReed]

https://t.co/W7w7Pn870W

[Justin Bechler @1914ad]

“…when you combine these two factors , you’re going to see the move in Bitcoin 10x what silver is doing!” - @darkside2030

[DarkSideOfTheMoon @darkside2030]

https://t.co/z1fedJRFZo

[Elon Musk @elonmusk]

For quality of life, it is better to err on the side of being an optimist and wrong, rather than a pessimist and right