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npub1trr5...hdpu 10 months ago
Some quick thoughts on what a Bitcoin PAC might want to do in DC. Some more realistic than others. Some ideas that need work. Some just fun: -de minimus tax exemption. honestly should mirror BSA threshold of $10k but $2,500 would be a good start -bulletproof legal protections for open source devs especially ones building privacy tools. Cannot be a country that goes after the blacksmith for what others do with the knife -ability to use self-custodial BTC as collateral -phase out “crypto czar” and “working group on digital asset markets” and any other federal institution or process that seeks to conflate shitcoins with bitcoin -tax incentives for home mining and for nat gas facilities or landfills etc that eat methane with mining -Manhattan Project-level collaborative effort to identify all wasted/curtailed electricity in USA and deploy miners to those locations -incentivize bitcoin education for high schools -a bitaxe in every high school compsci/techEd department -a Bitcoin museum in DC -educational congressional testimonies from global Bitcoin users: activists, remitters, refugees, off grid miners, etc -Jan 3 national Satoshi holiday of some kind -Congressional Bitcoin Committee -end to the bitlicense -all formal bodies that do American democracy promotion abroad, to integrate bitcoin -enable foreign countries that owe America (or IMF/World Bank) debt to pay back in BTC, not just USD

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npub1e26d...nj8p 10 months ago
Hmm just not sure how these goals really play into the objective of capturing, sanitising and regulating bitcoin.
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1776 10 months ago
The damage to public’s perception of Bitcoin by linking it to an administration is going to take years to undo.
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npub15mvl...8449 10 months ago
You forgot the most important one.. repealing the dystopian Patriot Act and the Bank Secrecy Act and the abolish the ineffective KYC/AML regulation.
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npub18xwc...zuzd 10 months ago
Whatever the de minimis amount, don't forget the clause to index to at least official inflation, otherwise it won't buy a coffee in no time.