The CLARITY Act Just Killed Bitcoin’s Future
Clarity act for bitcoin and crypto is turning into a disaster.
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45 Comments
Bitcoin doesn't care. Run a node and get it non kyc.
You can say, "some people love Trump, some hate him." That doesn't matter when every single thing he says is bullshit and a lie. The fact you think he'll follow through on anything Bitcoin related is embarrassing. Be a man and actually call out his lies.
Pi network to the Moon🎉🎉🎉
Crypto is for trading… it is a spevulative space with little value…. btc will go to 175k ish next bull run then down to 70k… rinse repeat while alts steal wealth from hodlers.
Everyone should relax IMO. Armstrong is slow playing this to help drive price down to accumulate, then he will be more pro clarity……..
Gold and Bitcoin are two different types of assets sir ! Tangible & Intangible ! Only thing is that Bitcoin is proof of reserve , while Gold can be manipulated if you don’t hold the assets physically !! Idc what they say about Bitcoin ! I did my HW !! Bitcoin all in !! Feel sorry for the gullible people
nothing can kill Bitcoin
Most experts predict Bitcoin going to 40K by Dec 2026.
Who cares about US regulation on a worldwide trusted asset? You're caught up in the bs the whole concept of crypto was meant to avoid. Pass clarity.. Don't pass it. It won't matter.
It would be hilarious if blockbuster could come back and say you can’t stream videos online. Or horse companies saying you can’t go faster than 25mph on the roads.
Bitcoin doesn’t need clarity. Govt does. And we are going to keep buying bitcoin. If they don’t want to join the party, they miss out
Bitcoin is cash. Nobody tax cash in the world.
CLARITY explained.
Government: We're clearly going to F**k you.
Banks: We're clearly going to F**k you.
Coinbase: We're clearly going to F***k you.
Me (Rob too, apparently): They're clearly going to F**ck us.
See, CLARITY is important.
Screw the Clarity Act – Exchanges keep exchanging AND Banks keep banking Furthermore… the exchanges will be like Uber & Lyft while the banks will be like taxis. Uber & Lyft will eat the taxis lunch. Banks will be happy 😃
💯
The problem is not enough bitcoiners care what the whole point in bitcoin is .
We wont win unless we go No KYC and boycott corporate. Stop spending your sats in starbucks and keep it circular
Bitcoin is straight garbage
Tokenized Gold sounds alot like fractionalized paper gold. 😉
Hahahaha, governments , states, countries, and banking sector all now fully accepting bitcoin.
It’s not hard to keep track of transactions the blockchain does all this lol.
AI data centers will all transact in bitcoin. Could have just said that and would have gotten more views.
I’m still laughing at the gimme a thumbs down and get the hell outta here! I can’t even…😂
Serious note I appreciate the candid details. Thank you.
Say no to clarity Act
The whole point of crypto is Anti government, decentralized off the grid currency.
Dismantle the IRS
America has a tax problem. Clearly.
LOL… Everyone in the Universe (almost) was piping entry of mainstream. They forgot it was to control and finish it.
Trump does not make laws- congress does. All you yngrateful dummies- what would this shitcoin industry look like with Kamla, Bernie and Elizabeth? They would have made a phone call to all the banks telling them to not allow bank to exchange transactions- they did it to Binance- I know- I lost thousands. Think before you open your mouth
Rob r they trying to k°ll mining? Hence, kill BTC? If u k°ll BTC, u wipe out all crypto grrr
👉Read the whitepaper
I find it so funny how a lot of people are upset with Coinbase, Armstrong. But there isn't much outrage about how the banks make so much money off of the American people. I mean, you put money in, they loan it out. Make lots of money on your money then give you %2 on purchases and % 0.01 on your savings! Meanwhile, they make billions on our money! They should have NO RIGHT to say anything at all about the yields!
I foresee congress creating rules and regulations that will just ruin the US economy just so that they can maintain a modicum of control for another 5 years.
Clarity act is bullshit govt should not be involved in crypto
Btc was created to say fuku to banks….so take your "acts" and put them in your ass.
I never thought they would make crypto transactions tax free.
I guess someone never executed their exit strategy 😅
Brian Armstrong – Coinbase CEO has ALWAYS hated Bitcoin, through the years he only supported Ethereum and ERC20 tokens, launching plenty of their own completely worthless tokens. Brian never supported Bitcoin infra or devs.
Prediction markets= another extraction method
Such a liberal with TDS
Schiff is a shill. Over and over he keeps telling us how smart he is and how stupid we all are….no need to hear him
Keep in mind BTC is not America. America is just one country in the world, what rules it decides is not the end-all-be-all of crypto. I live here, and I say in regards to America and crypto, FUCK America. BTC will be just fine because the rest of the world isn't retarded!
I think Bitcoin will go higher. Plus you don't mention the 1% who are multi millionaires and billionaires = they own 90% of the Bitcoin.
10% is owned by you and I??
"The only way is we get this guy to fulfill his promises."
We warned you that guy was a con man. We even showed you proof. You are beyond help. You are not adults. You are not intelligent. You are sheep.
I got the rewards credit card from Coinbase that gives me 4% cashback. I take it in btc. It’s a great way to dca by having 4% of the money you spend come back to you as btc.
So this means that those who hold a crypto token on a ledger that also has a stablecoin, even better if native, and those who hold that token can convert that to the native stablecoin and get the tax exemption because the transaction only occurs within the ledger, no fee and no tax on convertion of tokens.
Trump’s been running pumping dump scams for 40+ years. It’s his business model. And now elected again to do it to America. Given the billions he has made so far I would say he is definitely winning. Are you tired of winning yet America! You hired a clown to screw us all! Maybe pay attention next time?
Your camera got clarity today. looking high quality.
Clarity act it's trash, it just makes crypto another sector controlled by banks and governments.
Abolish the FeD and IRS!
Thanks for keeping us financially educated, regardless of how bad it gets to the market, I still hit $76k last week.