1/ Many members of the US Congress do not seem to recognize the direction of the political winds. There are over 20 million Americans with a financial stake in the success of the nascent industry being built around #Bitcoin. 10 years ago there were almost zero such people.
2/ The infrastructure bill was crafted in the hope of shearing this new economy to finance a ballooning budget proposed by the Biden administration. Instead the language of the bill would skin the industry.
You may shear a sheep many times, but skin him only once.
You may shear a sheep many times, but skin him only once.
3/ 4 years from now there will likely be 50 to 100 million Americans with a stake in #Bitcoin. This is a bipartisan demographic that will not forget the damage being done to this nascent industry by the Biden administration, nor the Senators doing their bidding in the Senate.
4/ There is still hope for the Senate to remove the dangerously ill-advised language from the infrastructure bill, but the hour is late and hope is dwindling. All rests on whether @chuckschumer allows for a vote on amendments to fix the bill and whether Senators vote for the fix.
5/ There is only one credible fix and it is the Lummis-Wyden-Toomey amendment. Contact your Senators and let them know your support for them is contingent on getting this amendment passed.
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