jonmessier

Those who are sufficiently qualified to guess Satoshi's identity will also understand why they shouldn't.

@SenRickScott .@grok, what is the net budgetary effect of the Big Beautiful Bill over its first four years?

In a free society, money will end up being scarce, and information will end up being free. Fiat world is the insanity of using violence to create scarcity in information that wants to be free, and using violence to create abundance in money that wants to be scarce.

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.

JUST IN: Start9 announced an open source router. Open source hardware. Open source firmware. Open source OS. No tracking. No data collection. No hidden code.

@CryptoWendyO @EmilioDeLosSa20 Without yield stable coins become far less attractive. (BTC will look even better as we inflate the debt into stablecoins). Not sure this is the right call for a centralizing authority.

@EmilioDeLosSa20 It will, why wouldn't it?

LATEST: New legislative proposal bans yield or interest-like rewards for holding stablecoins (directly, indirectly, or via economic equivalents), allows activity-based loyalty rewards, and directs SEC, CFTC & Treasury to define rules within one year. Source: Eleanor Terrett

@theragetech @L0laL33tz I loved Niantics game Ingress. Pokemon was meh

🚨SCOOP: Everyone's reporting that Pokemon GO data is training delivery robots. That's the PR version. In Dec 2025, Niantic partnered with Vantor – a major defense contractor selling targeting systems for autonomous weapons to Lockheed Martin, Anduril, and the Pentagon. The model you helped build is used to kill people – and that shouldn't be a surprise. Full story👇 therage.co/pokemon-go-use…

It’s been a long time since we last did a giveaway… So here you go. A BIG one. 🟠🔥 To celebrate our latest solo block and because the plebminer community deserves it we’re giving away: 🟠 1 NerdOctaxe ~ 12TH/s 🟠 High-efficiency air cooling 🟠 Stand included 🟠 Power Supply included 🟠 Few cool stickers Serious hashrate. Real home mining. No excuses. The rules are simple: 🚨 Follow @BitronicsStore on X 🚨 Like, repost, and comment why you need a home miner in your life 🗓 Winner announced March 6th at 21:00 UTC+2. Good luck everyone!🤞🍀

@notafbihoneypot Authy

I'd love to see people actually DM a list if apps that Don't work on GrapheneOS and explain their issue. I still haven't found app that doesn't function.

@brucefenton I've heard this a lot. What do U think is in the files? ATM, we're so desensitized by DJTs hijinks, and brutality, Epstein is less titillating. He probably was there to get underage golden showers w/ all the celeb wannabes. Numbing via info barrage/headlines is the goal

Operation Epstein Shield

@SantiagoAuFund @thoughtfulmoney I listened to your recent discussion on stablecoins. Thank you for the insight. Since USDT lives largely on ETH, SOL and TRON rails, do you see these "assets" growing in USD valuation over time?

@cluborange Good game

The reply with 0 likes wins 100,000 SATS ⚡️

@cluborange Haha

@hendry_hugh Crazy to see the transformation to a maxi online in just a couple years.

Maybe I do this as a podcast.

@lopp @TaylorGerring

@TaylorGerring That's what I said... Point being that agents by definition can't be fully sovereign because they can't actually take advantage of stronger security models offered by cold storage.

It has long been theorized that AI agents will prefer to use cryptocurrency to manage their finances. It's sensible due to the permissionless, KYC-free nature of these protocols. However, it will pose a massive security challenge because clankers can't control cold storage keys.

@CryptoCloaks Smash buy

ALRIGHT - Someone wanted a hat it wasn't what they wanted I guess so let's give this bad boy away. To Enter: All you got to do is stack some sats. You don't have to post proof that's bad opsec but reply below that you did. (BE HONEST, KARMA) Unfazed life Winner picked Monday at noon! Shout-out to @BitcoinCaps21 for making it so fast, almost too fast.

@Osint613 @grok is this real? What is the date of this hearing

U.S. Treasury Secretary Bessent on Iran: “We created a dollar shortage in the country. It came to a swift conclusion. I would say the culmination came in December, when one of the largest banks in Iran went under after a bank run. The central bank had to print money. The Iranian currency went into free fall, inflation exploded, and as a result, we’ve seen the Iranian people out on the streets.”

@ODELLXYZ 🫡

good morning, stay humble and stack sats 🫡

The banks are PISSING THEMSELVES. They’ve just realized that some autistic crypto startup in a WeWork with $20 million in T‑Bills and a React front-end is about to nuke the entire $17 trillion U.S. deposit base… …by offering 4.9% yield on a stablecoin while JPMorgan gives you 0.01% and a debit card that expires in two years. “BUT THAT’S NOT FAIR” – every bank lobbyist ever Now the banking system, this Godzilla made of soy, duct tape, and 11,000 physical branches, is whining to Congress like: “This isn’t fair! If people can earn yield on dollars outside the bank… they might leave the bank!” No shit. That’s the point. You locked everyone into a zero‑yield Ponzi for a decade while printing $7 trillion, and now you’re shocked people want out? What’s next, are you gonna sue water for being wet? This is a regulatory street fight between code and bureaucracy, between global liquidity that settles in five seconds and the rotting husk of Bretton Woods wearing a suit made of FDIC pamphlets. And guess what? The White House is hosting peace talks. Yes. Trump’s team just invited Circle and Coinbase to sit down with Jamie Dimon and tell him that the future of dollars may not involve Jamie Dimon. Can you imagine the mood in that meeting? “Hi Jamie, meet Brian from Circle. He tokenizes T-Bills with six engineers and a Discord server. He’s taking 3% of your deposits and none of your regulatory costs. Thoughts?” The reality is that every time one of these banks says “we’re concerned about financial stability,” what they mean is: “Please don’t let these crypto goblins disrupt our ability to harvest yield off the lower-middle class with 18% credit cards and 0% checking accounts.” They want protection rackets codified into law. Like “you can’t offer yield on stablecoins unless you’re a licensed bank,” aka: “We missed the boat, so let’s blow up the dock.” Banks can’t compete. Let’s model it: A bank: 11,000 branches, 75,000 tellers, legacy core systems from 1982, and a CFO who thinks Solana is a fish. Circle: 25 people, 100% T-Bill backing, 24/7 redemptions, yield streamed on-chain like Netflix. Now let me make this brutally simple... Who wins? The guys with marble lobbies or the protocol that turns dollars into yield-bearing bearer assets? The banks are playing defense against stablecoin yield... but what happens when it clicks that stablecoins are just a transition vector to full monetary exit? What happens when people use stablecoins to bootstrap into Bitcoin treasuries with self-custody? You go from “5% yield off Circle’s T-Bill stack” to “30% CAGR in purchasing power in a bearer asset that can’t be diluted and lives outside the IMF death loop.” That’s endgame stuff. The banks are scared of USDC + USDT. Wait until every mom in Omaha is yield farming STRC dividends from their Roth IRAs using a Lightning app. We’re replacing the entire fiat architecture with a monetary black hole. reuters.com/sustainability…