Illinois Bitcoin Council

The greater the nodes, the stronger the network. https://blossom.primal.net/b97580e2023de1725b438c9e4305a3af0550b9a79b04266fadd15b49bad4200d.mp4

ChatGPT, how does Illinois compare to other states with governors in prison? Here’s how Illinois compares to other states in terms of governors who have gone to prison — Illinois is #1. 🥇 Illinois: 4 governors in prison No other state has as many former governors incarcerated. 🥈 States tied for second place (each with 2 governors who went to prison) •Louisiana •Tennessee •Maryland •Arkansas •North Dakota •West Virginia •Arizona Most other states have zero or one governor who has ever been imprisoned. Why Illinois stands out Illinois’ political machine history (Chicago + Springfield) produced: •Patronage systems •Pay-to-play corruption •Long periods of single-party control •Weak early ethics laws This created an environment where corruption was easier and enforcement later became aggressive. If you’d like, I can rank all states, or explain what each of those states’ governors went to prison for.

This is the correct way to understand #Bitcoin... "Some fundamental currencies... are physics-based. So energy is the real currency; this is why I said Bitcoin is based on energy. You can't legislate energy; you just pass a law and suddenly have a lot of energy. It's very difficult to generate energy or especially harness energy in any useful way to do useful work. So I think that probably we won't have money and will just have energy, power generation as the de facto currency." ~ Elon Musk https://blossom.primal.net/26c6b21930047e5e11cfbf8d43fda76db36a83d5f5948b05c5099eded17d4f2b.mp4

Let's paint the state orange! https://www.youtube.com/watch?v=BM2jQ12MCJA

Rep. Warren Davidson (R, Ohio) just dropped the #Bitcoin for America Act that: ✅ Turns Trump’s Strategic Bitcoin Reserve EO into permanent law ✅ Lets EVERY American pay federal taxes in Bitcoin with zero capital-gains tax on the payment ✅ Locks the reserve for at least 20 years (no spending it on pork) ✅ Allows voluntary “round-up” or direct contributions so the U.S. stack grows deficit-neutral The Bitcoin Policy Institute crunched the numbers: if just 1% of taxpayers opt in, America saves hundreds of billions over 20 years vs. the $38T debt spiral.

Help make #bitcoin everyday money. Email your representative to eliminate capital gains on bitcoin payments under $600. https://btcismoney.xyz/

nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpr4mhxue69uhkummnw3ez6ur4vgh8wetvd3hhyer9wghxuet5qythwumn8ghj7un9d3shjtnrw4e8yetwwshxv7tfy37lvg any updates on Clover? https://bitcoinmagazine.com/business/clover-integrates-bitcoin-lightning-with-strike

#Bitcoin payments are now live on Square. To put this in context, Square is by far the POS leader, per Grok… 1. Square: 4.1 million active merchants worldwide. 2. Clover: 700,000 businesses globally. 3. Toast: 156,000 locations, primarily U.S. restaurants. 4. Lightspeed: 144,000 locations worldwide. squ.re/acceptbitcoin

Problem: In Illinois, median home prices hit $316,613 against $79,180 median income, a 4x ratio that devours 35%+ of earnings on a 30-year mortgage at 6.75%, birthing absurd 50-year debt traps to feign affordability amid 142,000-unit shortages. Solution: Bitcoin siphons the monetary premium from bloated real estate, slashing prices to utility value as superior collateral frees capital from fiat speculation, ending mortgage servitude.

The IBC is is a 501(c)(6) nonprofit dedicated to fostering the responsible growth and adoption of #Bitcoin in Illinois through education, advocacy, & collaboration. https://youtube.com/shorts/lxhS5S8pCo0

This is either morally, ethically, or intellectually bankrupt reporting. Please do your own research… Read Ludwig von Mises who first claimed in his 1912 book The Theory of Money and Credit that inflation as an increase in the money supply not matched by rising demand for money, which lowers money’s purchasing power and causes price rises. Monetary inflation leads to price inflation. This is why we Bitcoin.

Andrew Hohns, founder/CEO of Battery Finance and Newmarket Capital, details #Bitcoin's role in fixing credit markets via collateral on a recent WBD episode. Let's use #Illinois pension crisis ($140B hole) as a case study showing how bitcoin's scarcity counters fiat debasement... #Illinois pension crisis: $140B unfunded liability as of 2023. State devotes 20% of budget to stabilization payments. Taxes hiked repeatedly (property rates top 2.2%, income tax 4.95%). Result: 100K+ residents flee annually, gutting tax base, accelerating spiral. Core thesis: Bitcoin collateral fixes credit markets warped by inflation. Fiat debasement erodes pensions (20-40% of funds in credit). #Illinois exemplifies: COLA-adjusted liabilities balloon to $174T nationally by 2034. Hohns' model: Battery Finance issues loans backed by real estate & #Bitcoin. Underwrite assuming BTC=0; cash flows from assets cover debt. BTC upside shared 40-60% with borrower. First deal: $12.5M Philly multifamily, $1.5M buys 20 BTC. LTV drops as BTC rises, no volatility calls. #Illinois application: Pension funds allocate to #bitcoin-backed bonds. Replaces inflation-vulnerable treasuries. BTC scarcity (21M cap, 95% mined) vs. gold's 1.5-2% annual dilution. Funds preserve real value; no more 5% Roman-style debasement over decades. Inflation mechanics: Central banks monetize $37T U.S. debt via keystrokes. #Illinois mirrors; $40B general obligation bonds, interest > education spend. Video: Repeated bailouts (2008, COVID) inflate assets, debase savers. #Bitcoin hedges: Finite supply counters endless printing. CBDC threat: 100+ countries test digital fiat for control (expiring funds, geo-fencing). #Illinois, already surveilled via IL SAVE, risks amplified erosion. Video: #Bitcoin as "freedom money" for 7B in unstable currencies. Mobile access equalizes savers from Chicago to rural counties. Community rebuild: Video pushes #bitcoin for main streets. #Illinois towns (e.g., Rockford, Peoria) hollowed by out-migration, e-commerce. BTC loans at 6% (vs. 8%) + treasury allocation. Small biz adds uncorrelated asset: $10K BTC on $50K loan yields liquidity, appreciation. #BitBonds proposal: Treasury issues bonds (90% funds spending, 10% buys BTC). 1% rate (vs. 4.5%); 50/50 upside split at maturity. U.S. guarantees principal. Savings: 25% interest cut, even if #bitcoin zeros. #Illinois pilots state BitBonds: Tax-exempt, stabilizes pensions sans tax hikes. Projections: Historical #bitcoinreturns yield 10-20% investor yields. #Illinois: $25B tranche tests custody, scales to $140B liability. Offsets 20% budget drain. No new laws; market-driven. Counters Yellen-era short-term debt traps. Behavioral shift: #Bitcoin enforces low-time preference. #Illinois workers, facing automation (trucking unions), save in sats vs. dissipating dollars. Farms recapitalize: BTC collateral funds equipment, draws youth vs. urban exodus. Reduces processed-food dependency; reclaims time for self-investment. Risks mitigated: Loans lock #bitcoin 4+ years, align incentives. #Illinois adoption: Start municipal (Chicago studies via Adams model), scale statewide. Avoids California-style flight. Video data: Global assets inflate to quadrillions; BTC cycles persist but scarcity drives net upside. Outcome: #Illinois deploys #bitcoin to term out debt, rebuild trust, halt spiral. Sovereigns lead or lag; video predicts U.S. federal pivot under BTC-literate policy. Funds protected; cities preserved. Cycle ends. https://www.youtube.com/watch?v=Jx65RWs7ZCw

When priced in bitcoin, everything trends to zero…

The US Dollar lost ~3% of its value so far in 2025. To put that in perspective… OVER A 10-YEAR SPAN, YOU’D HAVE LOST 25% OF YOUR VALUE #Bitcoin’s fixed 21M supply solves for the pernicious persistence of currency debasement.

New research says 75% chance Bitcoin goes over $1.15 million by 2028 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5386623

The hurdle rate is the minimum rate of return an investment or project must achieve to be considered acceptable, often adjusted for risk. #Bitcoin is the hurdle rate.

QUESTION: Are great ideas forced or voluntary? ANSWER: Great ideas do not require force. CONTEXT: #Bitcoin is voluntary.

What’s your unit of account? #Bitcoin

We’re proud to welcome nostr:npub1s9z7pwy96thwt7zvmrlpfnddstezxxphx9rx3m0660sgkwld9eescjnszc to the Illinois Bitcoin Council Board of Directors. As a leading expert in Bitcoin & digital asset law, Joe’s insights will drive our mission to advance #Bitcoin adoption in Illinois. Join us in congratulating him!