So far, US regulators have:
1. Created hostile tax accounting requirements for individuals, which deter Bitcoin’s use as peer to peer electronic cash.
2. Collapsed financial institutions, such as Silicon Valley Bank and Signature Bank, who provided banking services to exchanges.
3. Approved ETFs, providing institutional access to paper Bitcoin.
4. Approved shitcoin ETFs which distract the uninformed.
If I were orchestrating a coordinated effort to defend US dollar hegemony, and co-opt the Bitcoin network, I would likely:
5. Increase Capital Gains Tax (CGT) for spot Bitcoin holders.
6. Encourage paper Bitcoin exposure and derivatives, such as MSTR, COIN, MARA et al.
Is it just me, or is this starting to look like Operation Choke Point 3.0?
₿lack Swan
npub1swan7cn5gq7vze7qncxa6av90wfn2y99nnp5t5tdvln04clcwrts5h2049
npub1swan...2049
Notes (10)
1zSC-eACi8phKdVkfxitDd6SyEUtLa4Ae3_AueACRP4
nostr:npub1ee5tddc9vwdvxyuy8qqv9pes9q8wv5st4xkx5vjgkjkajwwpfdrq7d72tk and I are really looking forward to this chat with nostr:npub1rxysxnjkhrmqd3ey73dp9n5y5yvyzcs64acc9g0k2epcpwwyya4spvhnp8 on Nostr Nests and Twitter spaces!
Post any questions you may have for Ben at https://bitcoinbytes.space/
Hope to see you there! 🧡💜
IBM 1979
nostr:npub1ee5tddc9vwdvxyuy8qqv9pes9q8wv5st4xkx5vjgkjkajwwpfdrq7d72tk and I are honoured to have Godfrey Bloom joining us on The SATurday Bitcoin Show this week.
Godfrey is a distinguished British politician who advocates for Austrian school economics. He is a former Member of the European Parliament and a renowned economist and author.
As always, we will be dual hosting on Nostr Nests (preferred) and X.
Hope you can join us for what is shaping up to be an awesome space.
https://youtu.be/nyiQGV0KgdA
Backpfeifengesicht
Verifying my Nostr Nests identity: Ag6q78beZXii4SMJ_0njkhsN5FIFOCwl3BWQ43pUl3E
https://nostrnests.com