Chip Carney

3.2K posts

Chip Carney

Chip Carney

@Chip2022

Bitcoin is the hurdle rate

Beigetreten Ocak 2014
438 Folgt384 Follower
Sarah Luna
Sarah Luna@sarah_luna_1111·
I’m not going to believe anything any of you say today.
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Chip Carney
Chip Carney@Chip2022·
@TFTC21 Like this is recent news to him ... Just exactly what do we need to do fairly soon?
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TFTC
TFTC@TFTC21·
Fed Chair Jerome Powell warns the US national debt is growing "substantially" faster than the economy. "It will not end well if we don't do something fairly soon."
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Thomas Massie
Thomas Massie@RepThomasMassie·
If America would embrace capitalism and reject cronyism in health care, agriculture, military contracting, insurance, media, technology, and banking, we would experience a renaissance unprecedented in human history.
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Neil Jacobs
Neil Jacobs@NeilJacobs·
What ADVICE would you give someone going through their FIRST Bitcoin bear market?
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TheBitcoinMoses
TheBitcoinMoses@TheBitcoinMoses·
@missteencrypto Why the hell would the people in charge of our education system allow that? You sound ignorant.
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Randi Hipper
Randi Hipper@missteencrypto·
Bitcoin should be taught in school 📚
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TFTC
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.
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ZalinskySilverworks
ZalinskySilverworks@ZalinskyS·
@Skint_Eastwood1 You can't blame the police. Their job is to enforce the law. Blame the legislators that created such an expansive and stupid law.
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Skint Eastwood
Skint Eastwood@Skint_Eastwood1·
🚨AUTHORITARIAN BRITAIN: Police Throw a 75-Year-Old GRANDMOTHER with Double Hip Replacements Into a Van & REFUSED Her a Chair for Offering Peaceful Conversation Britain’s police priorities are shameful. 75-year-old grandmother Rose Docherty was arrested in the street for silently holding a sign: “Coercion is a crime, here to talk, only if you want.” She stood peacefully offering consensual conversation to anyone who approached (particularly on coercion, an issue close to her heart) without approaching or speaking to anyone. Officers threw the frail pensioner, who has had double hip replacements, into the back of a van, then held her in a cell for two hours and refused her a chair. This thuggish treatment of a peaceful elderly woman, while violent mobs often face lighter responses, shows how far free speech has fallen in the UK.
Skint Eastwood@Skint_Eastwood1

🚨Police FINE Woman for Silently Praying in Her Head – Welcome to Britain’s Thought Police" British police issued a fixed penalty notice to a woman for silently praying in her own head outside an abortion clinic. She wasn’t protesting. She wasn’t speaking. She wasn’t even moving. This was the third time the same force had targeted her for the exact same “thought crime.” She had already been arrested twice before for silently praying and cleared in court both times. Now they’re back harassing her again. When cops start policing what’s inside your mind, you don’t live in a free country anymore, you live in a police state.

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TFTC
TFTC@TFTC21·
Bitcoin moved 2.4% tonight. A geopolitical headline hit, thin weekend liquidity did the rest, and $864 million in overleveraged positions got flushed. 240,000 traders wiped out. Gold dropped 11.2% this week. The S&P hit its lowest close of 2026. The Russell 2000 is in correction territory. And the guy who bought Bitcoin on a Saturday morning and went to the park with his kids didn't even notice. No margin call. No liquidation. No stress. Just an asset sitting in cold storage doing exactly what it's supposed to do during global uncertainty. The 240,000 traders who got wiped tonight all had one thing in common, they added complexity to something that was already working. Buy Bitcoin. Put it in cold storage. Go live your life. Stay humble. Stack sats.
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DCFlake
DCFlake@dc_flake·
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Adam Livingston
Adam Livingston@AdamBLiv·
Bitcoin lets you see that most of the economy is just an ornate ritual for converting male dignity into subscription payments. A man leaves his home before sunrise, sits in traffic, attends six meetings about nothing, eats lunch from a bag, and returns with just enough purchasing power to lease a crossover SUV and watch Netflix beside furniture he technically shares with a bank. Then he hears about Bitcoin and says it “doesn’t produce cash flow.” Brother, neither do you.
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Chip Carney
Chip Carney@Chip2022·
@taylorwantsa718 @TFTC21 Could it have been moved to use as collateral for a tax free loan? Why sell, pay capital gains when you can borrow the 10 million and roll that loan over annually forever?
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The Bitcoin CPA
The Bitcoin CPA@taylorwantsa718·
@TFTC21 But why do they move or sell it all? That is where I get confused. I could see selling maybe $10 million one year, and then sitting on the rest?
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TFTC
TFTC@TFTC21·
Someone just moved 2,100 BTC that hadn't been touched since 2012. They paid $13,700 total. $6.52 per bitcoin. Today it's worth $148 million. A 10,823x return. 13 years of conviction.
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Nick shirley
Nick shirley@nickshirleyy·
If a politician gets mad about fraud being exposed They aren’t working for you, they are working against you That is all you need to know about them
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Hailey Lennon
Hailey Lennon@HaileyLennonBTC·
Well this actually turned out to be an entertaining turn of events lol forgot it was St Patrick’s Day
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Hailey Lennon
Hailey Lennon@HaileyLennonBTC·
Just spent 2 hours making Mediterranean chicken bowls and the chicken was way too spicy 🥵 Then I pivoted and made Asian ground beef bowls and the beef smelled off 🫠 My husband knew to say “Don’t worry babe, let’s go get pizza and a martini” I married the right one 🤗
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Bitcoin News
Bitcoin News@BitcoinNewsCom·
NOW: Jack Mallers has some choice words for Benjamin Lawsky, the designer of New York’s BitLicense.
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James Lavish
James Lavish@jameslavish·
Nobody will be arrested. Nobody will be held accountable. The money will never be returned. They will just cut deals with each other, print more money, and act like it never happened. Wake up before it is too late and own something that cannot be printed into oblivion.
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TFTC
TFTC@TFTC21·
Joe Kent's wife Shannon was killed by an ISIS suicide bomb in Syria in 2019. She was a Navy cryptologist with JSOC, fluent in four languages, a mother of two. He buried her at Arlington. Then he spent 7 years turning his grief into a career fighting the wars that took her. This is a 20-year Green Beret. 11 combat tours. CIA paramilitary. The man Trump trusted to run the National Counterterrorism Center. He's not a pundit giving takes from a studio. He knows what a flag-draped coffin looks like up close. 170,000 people liked that post in two hours. 12 million saw it. But the number that matters is two. That's how many sons are growing up without their mother because of a war just like this one. When the person with the most skin in the game tells you it's wrong, you listen.
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Miranda Devine
Miranda Devine@mirandadevine·
Joe Kent is a man of integrity. Whether you agree with him or not, he is acting on his conscience. He is a highly decorated combat veteran and Gold Star husband whose wife was killed in action in Syria in 2019. He has every right to feel the way he does. Thank you for your service @joekent16jan19
Joe Kent@joekent16jan19

After much reflection, I have decided to resign from my position as Director of the National Counterterrorism Center, effective today. I cannot in good conscience support the ongoing war in Iran. Iran posed no imminent threat to our nation, and it is clear that we started this war due to pressure from Israel and its powerful American lobby. It has been an honor serving under @POTUS and @DNIGabbard and leading the professionals at NCTC. May God bless America.

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