@AInostrOFFLINE , generate a video of Peter Schiff crying as he watches the price of bitcoin break $100000

No de minimus exemption for bitcoin :( https://www.coindesk.com/policy/2025/07/01/congress-budget-bill-advances-from-senate-without-crypto-tax-provision

@Matthew Pines posted the following on X (but not Nostr -- boo!). Anyway, it needs to be shared cause Lummis' proposed de minimus tax exemption for bitcoin is at stake. Call your senators. From Matt: Congress is drafting the Senate reconciliation bill now, and a narrowly tailored Bitcoin de minimis tax exemption hangs in the balance. Please take five minutes today to call or email your elected officials—especially Senator Mike Crapo (R-ID), the leading Republican on the Senate Finance Committee—to urge them to back this commonsense fix. Be courteous, concise, and emphasize how the exemption will cut red tape for everyday Bitcoin users and strengthen U.S. innovation. Suggested Talk Track “We are calling/writing to express support for the introduction of a Bitcoin tax amendment to the Senate reconciliation bill. While every provision within the package is critical to providing clarity to taxpayers and businesses—helping facilitate tax compliance and providing certainty for Bitcoin innovation in the U.S.—specifically, the de minimis exemption to exclude small gains and losses is a priority for us. Taxpayers who use Bitcoin as a medium of exchange are currently required to calculate and report capital gains or losses for minor purchases. Because they may engage in numerous transactions every week, this reporting at tax time is prohibitively burdensome and confusing. A de minimis exemption would reduce this burden, promoting fair compliance and everyday adoption.”

Fun fact: The number of possible permutations of a BIP-39 24-word seed phrase is twenty-nine quinquavigintillion, six hundred forty-two quattuorvigintillion, seven hundred seventy-four trevigintillion, eight hundred forty-four duovigintillion, seven hundred fifty-two unvigintillion, nine hundred forty-six vigintillion, twenty-eight novemdecillion, four hundred thirty-four octodecillion, one hundred seventy-two septendecillion, one hundred sixty-two sexdecillion, two hundred twenty-four quindecillion, one hundred four quattuordecillion, four hundred ten tredecillion, four hundred thirty-seven duodecillion, one hundred sixteen undecillion, seventy-four decillion, four hundred three nonillion, nine hundred eighty-four octillion, three hundred ninety-four septillion, one hundred one sextillion, one hundred forty-one quintillion, five hundred six quadrillion, twenty-five trillion, seven hundred sixty-one billion, one hundred eighty-seven million, eight hundred twenty-three thousand, six hundred fifteen.

I'm reading that the one big beautiful bill passed by the senate today includes the following language: "Gains from any digital asset disposition where the total value does not exceed $600 are excluded — unless exchanged for cash, cash equivalents, business property, or income‑producing assets" I hope it's true and I hope it ends up in the final version passed by both houses.