Nicolas Burtey
7K posts
@nicolasburtey
working on bitcoin since 1789, now onboarding banks. CEO & founder @galoymoney, ex-founder @blinkbtc
Kevin Warsh owns 30+ crypto projects and youre brearish the next Fed Chair's disclosure includes: Solana, Optimism, Blast, Compound, dYdX, Polychain, Scalar Capital, Lightning Network, Lighter the next Fed Chair is more degen than you
JUST IN: 🇮🇷 Iran to require ships passing through the Strait of Hormuz to pay tolls in Bitcoin, FT reports.
Even more concerning news today on the Bitcoin tax front. We’re going to need the Cyber Hornets for this one. 👇 Today’s new draft **leaves the double taxation on bitcoin mining in place** and only provides relief to staking. So now the proposal is: - De minimis for stablecoins but not Bitcoin - Fixing tax treatment for “passive validation” (I.e. staking) but not Bitcoin mining This contradicts all prior proposals on this issue. This is not tech neutral and picks winners and losers for no reason. Full statement from BPI coming soon about @RepHorsford and @RepMaxMiller’s draft. We need strong community push back to show that this language sets America and Bitcoin back.
Hearing that despite all the efforts and lobbying for bitcoin de minimis tax exemption, it’s none other than @coinbase trying to nuke it behind the scenes to push stablecoins only. Apparently they are telling legislators that, “No one is using bitcoin as money. A de-minimis exemption for bitcoin is a hand out that will be DOA.”
Any bitcoin builders out there building on ark, spark, rgb? Shill your link on the comments, would love to see what people are building!
bitcoin needs to attract more young talent. urgently. we're in big trouble if young developers stop joining the project.
