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If Bitcoin is going to function as money,
the tax framework eventually has to evolve.
Policy always moves slower than innovation.
#Bitcoin#CryptoPolicy#DigitalAssets
NEW: ๐บ๐ธ US Senator Cynthia Lummis says lawmakers are trying to best figure out "how you can use bitcoin as a means of exchange without paying capital gains tax" ๐
Western Union's Stablecoin Strategy!
Malcolm Clarke, VP of Digital Assets at Western Union, explains that their USDPT stablecoin is not a proof of concept but will power their payment services in many markets around the world.
Watch the full interview https://t.co/RHxmwFVzXo
#stablecoin #westernunion #payments
Saylor just confirmed he's destroying his Bitcoin keys when he dies.
Not donating them.
Not passing them on.
Burning the keys so the coins are gone forever.
He calls it a "pro rata contribution to everyone in the world who owns Bitcoin."
He's disclosed holding 17,732 $BTC as of 2020 (but he's no doubt accumulated a lot more since then).
When those coins are permanently removed from circulation, every remaining Bitcoin becomes more scarce.
Some will debate whether it's genius or theater.
The $BTC holders who wake up with a slightly scarcer asset probably don't care.
Crypto doesnโt move in straight lines.
It moves in cycles of building, breaking, and rebuilding stronger. โ๏ธ
Thatโs how the space evolves.
#Bitcoin#CryptoCulture#LongGame
๐บ๐ธ UPDATE: Crypto market structure talks are moving in the right direction, with Sen. Tillis emerging as the key vote for the Clarity Act's passage.
Industry sources remain cautiously optimistic about a late March Banking Committee markup, per Eleanor Terrett.
Crypto things you might have missed:
-President Trump: The US must be dominant in crypto
-Eric Trump goes nuclear on banks
-Bitwise's spot XRP ETF is now the largest in the US
-French Hill: The Clarity Act bill is critical
-Get privacy, AI, crypto access, and more via @brave