“I'm a long-gone Waylon song on vinyl...
I'm a back row sinner at a tent revival...
But she believes in me like she believes her Bible...
And loves me like Jesus does.” @CaseyBeathard #MontyCriswell@ericchurch
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Let's be real.
Your boss is not your friend.
The market owes you nothing.
Government is there to create division.
Companies are only there to make profit.
Your degree doesn't guarantee success.
Nobody cares about your excuses.
Being busy doesn't mean being productive.
Your feelings don't change the facts.
Social media isn't real life.
The system isn't designed for you to win.
Most people will celebrate your failures more than your wins.
Your parents' advice worked in their economy, not yours.
Retirement plans depend on markets you can't control.
Inflation is a silent tax on your savings.
Comfort is the enemy of growth.
Your duty is to work hard, show up everyday
Wake up or stay broke.
.@DelB0yTr0tter@Vivemacr0 subscriber. Would you add to a $USO #OIL position at these suppressed levels this morning? Are you still short term #Bullish on oil?
The Twitter algoritm rewards rage bait, rather than constructive dialogue, which is a dumb business move
I am interested in dividend growth investing
Most of the content on the "for you" tab is telling me how dumb dividends are
This is actually a very dumb business move, because it doesn't really convert traffic to anything
I simply move on, shaking my head in the process
I imagine they show my content to people who hate dividends, which is a waste of pixels as well
With other social media sites like Instagram, when I show interest in one topic, it shows me content related to it, which actually converts for the creator and the site itself
I mean, if you go to Amazon, and search for cat food, they do not show me 10 reasons why owning a cat is dumb
They acually show me cat food options I can choose from
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.
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.
$VELO CEO @AJeldi2 is an experienced entrepreneur and investor. Arun does not come from a rich family, he landed in the U.S. in 2010 with $200 and built himself and his entire career here in America. His first company, he bootstrapped from $10,000 and grew it to $50 million in just 3.5 years. Fast forward to 2024, Arun then acquired Velo3D when the company was struggling financially (with his own money without other investors). In purchasing Velo3D, he has said that wanted to save what he considers "a national treasure", which is manufactured and made in America (an important aspect for national security).
It was recently disclosed (via 8-K) that Arun will get an annual stock option grant equal to 2-3% of the total common stock outstanding, to vest, in a progressively weighted schedule, when the company reaches $1B, $3B, $5B, and $10B. VELO current market cap is only $238M !! He is highly aligned and incentivized.
This is the type of CEO that I like to invest in!