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

Replies (11)

Den Yellek's avatar
Den Yellek 6 months ago
Hmm just not sure how these goals really play into the objective of capturing, sanitising and regulating bitcoin.
1776's avatar
1776 6 months ago
The damage to public’s perception of Bitcoin by linking it to an administration is going to take years to undo.
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.
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SpacemanSpiff 6 months ago
#2 is so mu h bigger than the rest that it should be #0